Brownfield Redevelopment Tax Incentive Act of 2007
Last action on Oct 29, 2007Referred to the House Committee on Ways and Means.
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Summary
Brownfield Redevelopment Tax Incentive Act of 2007 - Amends the Internal Revenue Code to make permanent the taxpayer election to expense (deduct in the current taxable year) expenditures made for environmental remediation (i.e., abatement or control of hazardous substances at contaminated sites).
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