H.R. 2002 — Introduced in House

I 114th CONGRESS 1st Session H. R. 2002 IN THE HOUSE OF REPRESENTATIVES April 23, 2015 Ms. Esty (for herself, Mr. Gibson, Mr. Larson of Connecticut, and Ms. DeLauro) 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 extend expensing of environmental remediation costs. 1. Short title This Act may be cited as the Brownfields Redevelopment Tax Incentive Reauthorization Act of 2015. 2. Extension of expensing of environmental remediation costs (a) In general Section 198(h) of the Internal Revenue Code of 1986 is amended by striking December 31, 2011 and inserting December 31, 2019. (b) Effective date The amendment made by subsection (a) shall apply to expenditures paid or incurred after December 31, 2011.