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Brownfields Redevelopment Tax Incentive Reauthorization Act of 2019

USA116th CongressHR-5215| House 
| Updated: 11/21/2019
Mikie Sherrill

Mikie Sherrill

Democratic Representative

New Jersey

Cosponsors (4)
Peter T. King (Republican)Jahana Hayes (Democratic)James A. Himes (Democratic)Michael R. Turner (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2019 This bill amends the Internal Revenue Code to extend through 2022 the election to expense (i.e., deduct in the current taxable year) environmental remediation costs (i.e., costs for the abatement or control of hazardous substances at a qualified contaminated site). The bill applies to expenditures paid or incurred after December 31, 2018.
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Timeline
Nov 21, 2019
Introduced in House
Nov 21, 2019
Referred to the House Committee on Ways and Means.
  • November 21, 2019
    Introduced in House


  • November 21, 2019
    Referred to the House Committee on Ways and Means.

Taxation

Business investment and capitalHazardous wastes and toxic substancesIncome tax deductions

Brownfields Redevelopment Tax Incentive Reauthorization Act of 2019

USA116th CongressHR-5215| House 
| Updated: 11/21/2019
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2019 This bill amends the Internal Revenue Code to extend through 2022 the election to expense (i.e., deduct in the current taxable year) environmental remediation costs (i.e., costs for the abatement or control of hazardous substances at a qualified contaminated site). The bill applies to expenditures paid or incurred after December 31, 2018.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Nov 21, 2019
Introduced in House
Nov 21, 2019
Referred to the House Committee on Ways and Means.
  • November 21, 2019
    Introduced in House


  • November 21, 2019
    Referred to the House Committee on Ways and Means.
Mikie Sherrill

Mikie Sherrill

Democratic Representative

New Jersey

Cosponsors (4)
Peter T. King (Republican)Jahana Hayes (Democratic)James A. Himes (Democratic)Michael R. Turner (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business investment and capitalHazardous wastes and toxic substancesIncome tax deductions