Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025

This bill temporarily reinstates the election to expense environmental remediation costs paid or incurred in connection with the cleanup of certain business property (also known as the brownfields redevelopment tax incentive). (The election to expense allows a taxpayer to deduct such costs in the year incurred rather than treat such costs as capital expenses that are depreciated over a period of time.)

Learn about this bill’s status and read its full summary in the Pocket Congress app.