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Brownfields Redevelopment Tax Incentive Reauthorization Act of 2021

USA117th CongressHR-4427| House 
| Updated: 7/13/2021
Mikie Sherrill

Mikie Sherrill

Democratic Representative

New Jersey

Cosponsors (1)
Michael R. Turner (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2021 This bill extends through 2024 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, 2020.
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Timeline

Bill from Previous Congress

HR 116-5215
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2019
Jul 13, 2021
Introduced in House
Jul 13, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-5215
    Brownfields Redevelopment Tax Incentive Reauthorization Act of 2019


  • July 13, 2021
    Introduced in House


  • July 13, 2021
    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 2021

USA117th CongressHR-4427| House 
| Updated: 7/13/2021
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2021 This bill extends through 2024 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, 2020.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 116-5215
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2019
Jul 13, 2021
Introduced in House
Jul 13, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-5215
    Brownfields Redevelopment Tax Incentive Reauthorization Act of 2019


  • July 13, 2021
    Introduced in House


  • July 13, 2021
    Referred to the House Committee on Ways and Means.
Mikie Sherrill

Mikie Sherrill

Democratic Representative

New Jersey

Cosponsors (1)
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