House
Jan 28, 2025Brownfields 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...
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