Brownfields Redevelopment Tax Incentive Reauthorization Act of 2015
Latest action · Apr 23, 2015 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 23, 2015
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2015
Amends the Internal Revenue Code to extend through 2019 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.
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Apr 23, 2015 to May 8, 2015; 3 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NY | Christopher P. Gibson | Original | Apr 23, 2015 |
| D-CT | John B. Larson | Original | Apr 23, 2015 |
| D-CT | Rosa L. DeLauro | Original | Apr 23, 2015 |
| D-CT | James A. Himes | May 8, 2015 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Apr 23, 2015 |
Actions 2
Everything that happened, newest first.
- Apr 23, 2015Introduced in House
- Apr 23, 2015Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 161, no. 60, April 23, 2015, page H2466.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2734 | CLEAN UP Act | Related bill | Mar 17, 2016 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to extend expensing of environmental remediation costs.
- Short Titles as Introduced
- Brownfields Redevelopment Tax Incentive Reauthorization Act of 2015
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 23, 2015Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
