Brownfield Revitalization and Remediation Act

Bill: 119-hr-5472
Sponsor: full_name: Rep. Lawler, Michael [R-NY-17]
Introduced: 2025-09-18
Latest action: action_date: 2025-09-18
text: Referred to the House Committee on Ways and Means.

Summaries:

tv_txt: I 119th CONGRESS 1st Session H. R. 5472 IN THE HOUSE OF REPRESENTATIVES September 18, 2025 Mr. Lawler introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to restore and expand the expensing of qualified environmental remediation expenditures, and for other purposes.

1. Short title This Act may be cited as the Brownfield Revitalization and Remediation Act . 2. Restoring and expanding expensing of qualified environmental remediation expenditures (a) Restoring expensing Section 198(h) of the Internal Revenue Code of 1986 is amended to read as follows: (h) Termination This section shall not apply to expenditures paid or incurred— (1) after December 31, 2011, and before January 1, 2025, or (2) after December 31, 2029. . (b) Expanding expensing (1) Inclusion of certain assessment, investigation, and monitoring expenses Section 198(b)(1)(B) of such Code is amended by inserting (including reasonable expenditures for the assessment, investigation, and monitoring of such site in connection with such abatement or control) after qualified contaminated site . (2) Special rule for depreciable property with respect to brownfield sites Section 198(b)(2) of such Code is amended by inserting (other than a brownfield site (as defined in section 101(39) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980)) after qualified contaminated site . (3) Treatment of pollutants and contaminants as hazardous substances Section 198(d)(1) of such Code is amended— (A) by striking and at the end of subparagraph (B), (B) by redesignating subparagraph (C) as subparagraph (D), and (C) by inserting after subparagraph (B) the following new subparagraph: (C) any substance which is a pollutant or contaminant as defined in section 101(33) of such Act, and . (c) Effective date The amendments made by this section shall take effect upon the date of the enactment of this Act.