HR 4542 · 113th Congress · Taxation

Brownfields Redevelopment Tax Incentive Reauthorization Act of 2014

Introduced 2014-05-01· Sponsored by Rep. Esty, Elizabeth H. [D-CT-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2014-05-01)

Plain Language Summary

[AI summary unavailable — showing source text] Brownfields Redevelopment Tax Incentive Reauthorization Act of 2014 - Amends the Internal Revenue Code to extend through 2018 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). Makes this Act applicable to expenditures paid or incurred after December 31, 2011.…

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

Cosponsors (3)

2 Democrats1 Republican
Rep. Bishop, Timothy H. [D-NY-1]NY
Rep. Gibson, Christopher P. [R-NY-19]NY
Rep. Himes, James A. [D-CT-4]CT