To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, and for other purposes.

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Innocent Landowner Title II: Voluntary Cleanups Title III: Economic Incentives Title IV: Lender Liability Title I: Innocent Landowner - Amends the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) to create a rebuttable presumption that a defendant who has acquired real property has made all appropriate inquiry into previous ownership and uses of the property if he establishes that, within 180 days prior to the time of acquisition, he conducted an environmental site assessment (an assessment of the property and surrounding areas to determine the presence or likely presence of contamination and which provides for review of specified records and inspections). (Sec. 101) Specifies that no such presumption shall arise: (1) unless the defendant has maintained a compilation of the information reviewed in the course of the assessment; or (2) if the assessment discloses contamination on the property to be acquired, unless the defendant has taken reasonable steps to confirm the absence of such contamination. Title II: Voluntary Cleanups - Applies this title to any facility where there has been a release or threat of release of a hazar…