S 3509 · 109th Congress · Taxation

America's Brownfield Cleanup Act

Introduced 2006-06-14· Sponsored by Sen. Voinovich, George V. [R-OH]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2006-06-14)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only