An Act to extend the Brownfields Tax Credit

This bill proposes to extend the Brownfields Tax Credit, a financial incentive designed to encourage the cleanup and redevelopment of contaminated properties. The provision directly affects property owners and developers who undertake environmental restoration projects on sites with known pollution. By maintaining this tax credit, the legislation aims to provide continued financial relief to those investing in brownfield rehabilitation. The measure would be administered through existing revenue mechanisms without introducing new regulatory requirements.