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- H.R.5579
H.R.5579: Brownfields Redevelopment Tax Incentive Reauthorization Act of 2018
About This Bill
- Introduced April 23, 2018
- Latest Major Action April 23, 2018
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (3 Democrats, 2 Republicans)
Bill Version
- Introduced in House - April 23, 2018
Bill Summary
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2018 This bill amends the Internal Revenue Code to extend through 2021 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, 2017.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 23, 2018 |
Referred to the House Committee on Ways and Means.
|
| April 23, 2018 |
Introduced in the House by Elizabeth Esty (D-Conn.) |