Wednesday, January 23, 2013

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.