Reps. Turner, Sherrill Reintroduce Bipartisan Legislation to Restore Brownfields Tax Incentive
November 17, 2023
November 17, 2023
WASHINGTON, Nov. 17 -- Rep. Michael Turner, R-Ohio, issued the following news release on Nov. 16, 2023:
Today, Congressman Mike Turner (OH-10) reintroduced the Brownfields Redevelopment Tax Incentive Reauthorization Act, alongside Congresswoman Mikie Sherrill (NJ-11). This bipartisan legislation restores the expired tax incentive, thus allowing developers to fully deduct the costs of environmental remediation of brownfields in the year the costs were incurred. Congressman Turner has . . .
Today, Congressman Mike Turner (OH-10) reintroduced the Brownfields Redevelopment Tax Incentive Reauthorization Act, alongside Congresswoman Mikie Sherrill (NJ-11). This bipartisan legislation restores the expired tax incentive, thus allowing developers to fully deduct the costs of environmental remediation of brownfields in the year the costs were incurred. Congressman Turner has . . .