To create a state fund to provide cash grant and loan "brownfield" subsidies to developers, with money coming from state education tax revenue "captured" by local brownfields tax increment finance authorities. The bill would also authorize “brownfields” subsidies for a particular deveoper's parking lot project, for other developers whose projects are deemed to involve a “historic resource," and yet others for whom legislators have crafted generic descriptions of projects that avoid identifying which special developer is getting the subsides.