Federal Brownfields Tax Incentive Not Extended by Congress
The federal brownfields tax incentive was not
included in the recent tax bill passed by Congress. In August, when the Senate debated
the "tax extenders bill," the Brownfield Tax Incentive was
sacrificed for another provision and the bill passed, without
the BF Tax Incentive. It is predicted that
the BF Tax Incentive is gone and will not resurface any time in the near future.