Energy Environmental Blog

Federal Brownfield Tax Incentive To Be Made Permanent?

Written by Kristin Watt | Jul 23, 2009 1:24:23 PM

On July 20, 2009, Representative Xavier Becerra (D-CA) introduced legislation to amend the Internal Revenue Code to make permanent a tax incentive for environmental remediation costs.   If passed, it would affect expenditures paid or incurred after December 31, 2009.  See the proposed legislation HERE.