H.R.4427: Brownfields Redevelopment Tax Incentive Reauthorization Act of 2021

About This Bill

Bill Version

Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
July 13, 2021
Referred to the House Committee on Ways and Means.
July 13, 2021

Introduced in the House by Mikie Sherrill (D-N.J.)

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