arrow_back Trending Legislation
Share share

Extension of Tax Incentives for Brownfields Environmental Cleanup

This act extends the tax deduction for costs related to cleaning up contaminated sites, known as 'brownfields'. This means that businesses and individuals incurring such expenses can continue to benefit from tax relief, potentially encouraging the revitalization of neglected areas and improving the environment in local communities.
Key points
Tax incentive extended: The ability to deduct environmental remediation costs for brownfields is prolonged.
Environmental and development benefits: Encourages investment in cleaning up contaminated sites, potentially leading to job creation and improved quality of life in neighborhoods.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2021
Print number: HR 4427
Sponsor: Rep. Sherrill, Mikie [D-NJ-11]
Process start date: 2021-07-13