Brownfield Redevelopment and Environmental Revitalization Act of 1998

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Financial Support for Brownfield Site Remediation Title II: Financial Support for Brownfield Site Prevention and Redevelopment Brownfield Redevelopment and Environmental Revitalization Act of 1998 - Title I: Financial Support for Brownfield Site Remediation - Directs the Administrator of the Environmental Protection Agency to establish a program to provide grants to States and local governments to inventory and conduct site assessments of, and other pre-cleanup activities at, brownfield sites. (Sec. 102) Directs the Administrator to establish a program of grants to States and local governments for capitalization of loan programs for brownfield site cleanup by the locality or owner or prospective purchaser. (Sec. 103) Makes amounts in the Hazardous Substance Superfund (the Fund) available for carrying out such grant programs. Authorizes appropriations from the Fund. (Sec. 104) Imposes funding limitations. (Sec. 107) Authorizes appropriations to carry out the site assessment and loan capitalization programs. Title II: Financial Support for Brownfield Site Prevention and Redevelopment - Amends the Internal Revenue Code to allow a credit that is 50 percent o…