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HR 4480 109th Congress House Taxation Brownfields Commerce Compensation (Law) Environmental Protection Hazardous wastes Income tax Law Liability for environmental damages Tax credits Tax exclusion

America's Brownfield Cleanup Act

Introduced: December 8, 2005 Introduced by: Turner, Michael R. Republican · Ohio See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 8, 2005
Referred to the House Committee on Ways and Means.
Dec 8, 2005
Introduced in House
 Plain-English summary Congressional Research Service

America's Brownfield Cleanup Act - Amends the Internal Revenue Code to allow a business tax credit for 50% of expenditures for the abatement or control of any hazardous substance, the demolition of any structure, the removal and disposal of property, and the reconstruction of utilities at certain contaminated sites.

Allows a tax exclusion for certain contributions made for the remediation of contaminated sites.

What's happening now December 8, 2005

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1