House
Jan 28, 2025

Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025

Summary

Official

Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025 This bill temporarily reinstates the election to expense environmental remediation costs paid or incurred in connection with the cleanup of certain business property (also known as the brownfields redevelopment tax incentive). (The election to expense allows a taxpayer to deduct such costs in the year...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(1/28/25)
Committee
Passed House
Passed Senate
President
Law

Sponsor

MS

Ms. Sherrill

House (D) New Jersey – 11

Cosponsors (3)

Latest Action

Referred to the House Committee on Ways and Means.

Jan 28, 2025

View Bill on Congress.gov