To amend the Internal Revenue Code of 1986 to make permanent the expensing of certain environmental remediation costs.
Brownfield Redevelopment Tax Incentive Act of 2007 - Amends the Internal Revenue Code to make permanent the taxpayer election to expense (deduct in the current taxable year) expenditures made for environmental remediation (i.e., abatement or control of hazardous substances at contaminated sites).
Sponsor introductory remarks on measure. (CR E723)
Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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