{"id":64409,"date":"2018-04-23T16:12:27","date_gmt":"2018-04-23T16:12:27","guid":{"rendered":"http:\/\/narc.org\/?p=64409"},"modified":"2019-02-22T18:05:59","modified_gmt":"2019-02-22T18:05:59","slug":"upcoming-brownfields-tax-legislation","status":"publish","type":"post","link":"https:\/\/narc.org\/2018\/04\/23\/upcoming-brownfields-tax-legislation\/","title":{"rendered":"Upcoming Brownfields Tax Legislation"},"content":{"rendered":"

Representatives Elizabeth Esty and Peter King joined forces to introduce the Brownfields Redevelopment Tax Incentive Reauthorization Act of 2018<\/em>, as referenced in their “Dear Colleague” letter<\/a>. If passed, the legislation would save a brownfields tax incentive that expired in January 2012. According to the letter, the bill would \u201creauthorize a tax incentive program that would allow developers to fully deduct the costs of environmental cleanups of brownfields in the year the costs were incurred.\u201d The reauthorization is expected to encourage private sector investment to take on brownfields cleanup and redevelopment projects. NARC, the National League of Cities (NLC), the National Association of Counties (NACo), and the U.S. Conference of Mayors recently produced a letter urging Congress to pass the bill<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Representatives Elizabeth Esty and Peter King joined forces to introduce the Brownfields Redevelopment Tax Incentive Reauthorization Act of 2018, as referenced in their “Dear Colleague” letter. If passed, the legislation would save a brownfields tax incentive that expired in January 2012. According to the letter, the bill would \u201creauthorize a tax incentive program that would … Read more<\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"generate_page_header":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[4,8,6],"tags":[],"class_list":["post-64409","post","type-post","status-publish","format-standard","hentry","category-breaking-news","category-community-economic-development","category-energy-environment"],"yoast_head":"\nUpcoming Brownfields Tax Legislation - National Association of Regional Councils<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/narc.org\/2018\/04\/23\/upcoming-brownfields-tax-legislation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Upcoming Brownfields Tax Legislation - National Association of Regional Councils\" \/>\n<meta property=\"og:description\" content=\"Representatives Elizabeth Esty and Peter King joined forces to introduce the Brownfields Redevelopment Tax Incentive Reauthorization Act of 2018, as referenced in their “Dear Colleague” letter. 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