Bill · H.R. 815· House(119-HR-815)
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025
- Introduced
- 1/28/2025
- Last activity
- 1/28/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Mikie Sherrill
- Cosponsors
- - 1 - 2
- Introduced
- In Committee
What this bill would do
This bill, known as the "Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025," seeks to amend the Internal Revenue Code of 1986. It focuses on extending the ability to expense environmental remediation costs. The legislation changes the timeframe for when these costs can be expensed. Specifically, it adjusts the dates to include costs incurred after December 31, 2028.
Yes· 3 of 10
Would business owners be better off under this?+4
The bill provides a significant tax advantage for business owners engaged in environmental remediation.
Does this cut taxes for small businesses?+3
The bill allows businesses to expense environmental remediation costs, providing a tax relief mechanism for cleanup activities.
Does this make it easier to run a small business?+3
The bill provides a tax-deductible mechanism for the costs associated with environmental remediation.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Extension of Expensing for Environmental Remediation Costs: The bill amends Section 198(h) of the Internal Revenue Code of 1986 to allow for the expensing of costs incurred after December 31, 2028 (Section 2(a)). This provides a tax incentive for those dealing with environmental cleanup.
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the text provided.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+3Reduces Small Business Taxes+3Improves Economic Growth+2Increases Job Creation+2Reduces Capital Gains Tax+1
- Demographic And Interest Groups
- Good For Business Owners+4Good For Urban Residents+2
- Environment Energy And Infrastructure
- Improves Environmental Protections+3Improves Rural Development+1
- Social Issues And Justice
- Improves Affordable Housing+1
- 9/8/2025
- 1 Cosponsor added.
- 8/19/2025
- 1 Cosponsor added.
- 1/28/2025
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
Brian FitzpatrickRepublican · Pennsylvania
Jahana HayesDemocrat · Connecticut
Michael TurnerRepublican · Ohio