[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 815 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 815

   To amend the Internal Revenue Code of 1986 to extend expensing of 
                    environmental remediation costs.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 28, 2025

   Ms. Sherrill (for herself and Mr. Turner of Ohio) introduced the 
 following bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to extend expensing of 
                    environmental remediation costs.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Brownfields Redevelopment Tax 
Incentive Reauthorization Act of 2025''.

SEC. 2. EXTENSION OF EXPENSING OF ENVIRONMENTAL REMEDIATION COSTS.

    (a) In General.--Section 198(h) of the Internal Revenue Code of 
1986 is amended by striking ``incurred after December 31, 2011'' and 
inserting the following: ``incurred--
            ``(1) after December 31, 2011, and before January 1, 2025, 
        or
            ``(2) after December 31, 2028.''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to expenditures paid or incurred after December 31, 2024.
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