US HB5215 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on November 21 2019 - 25% progression, died in committee
Action: 2019-11-21 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 21 2019 - 25% progression, died in committee
Action: 2019-11-21 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to extend through 2022 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). The bill applies to expenditures paid or incurred after December 31, 2018.
Title
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2019
Sponsors
Rep. Rebecca Sherrill [D-NJ] | Rep. Peter King [R-NY] | Rep. James Himes [D-CT] | Rep. Jahana Hayes [D-CT] |
Rep. Michael Turner [R-OH] |
History
Date | Chamber | Action |
---|---|---|
2019-11-21 | House | Referred to the House Committee on Ways and Means. |
2019-11-21 | House | Introduced in House |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/5215/all-info |
Text | https://www.congress.gov/116/bills/hr5215/BILLS-116hr5215ih.pdf |