H.R. 5472

119 HR 5472 IH: Brownfield Revitalization and Remediation Act
 U.S. House of Representatives
 2025-09-18
 text/xml
 EN
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 I  119th CONGRESS  1st Session  H. R. 5472  IN THE HOUSE OF REPRESENTATIVES   September 18, 2025   Mr. Lawler  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 restore and expand the expensing of qualified environmental remediation expenditures, and for other purposes.
1.
Short title
This Act may be cited as the   Brownfield Revitalization and Remediation Act  .
2.
Restoring and expanding expensing of qualified environmental remediation expenditures
(a)
Restoring expensing
 Section 198(h)  of the Internal Revenue Code of 1986 is amended to read as follows:
(h)
Termination
This section shall not apply to expenditures paid or incurred—
(1)
after December 31, 2011, and before January 1, 2025, or
(2)
after December 31, 2029.
 .
(b)
Expanding expensing
(1)
Inclusion of certain assessment, investigation, and monitoring expenses
Section 198(b)(1)(B) of such Code is amended by inserting  (including reasonable expenditures for the assessment, investigation, and monitoring of such site in connection with such abatement or control)  after  qualified contaminated site .
(2)
Special rule for depreciable property with respect to brownfield sites
Section 198(b)(2) of such Code is amended by inserting  (other than a brownfield site (as defined in section 101(39) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980))  after  qualified contaminated site .
(3)
Treatment of pollutants and contaminants as hazardous substances
Section 198(d)(1) of such Code is amended—
(A)
by striking  and  at the end of subparagraph (B),
(B)
by redesignating subparagraph (C) as subparagraph (D), and
(C)
by inserting after subparagraph (B) the following new subparagraph:
(C)
any substance which is a pollutant or contaminant as defined in section 101(33) of such Act, and
 .
(c)
Effective date
The amendments made by this section shall take effect upon the date of the enactment of this Act.