Download or read book Brownfield Redevelopment Tax Incentives written by and published by . This book was released on 1999 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Brownfield Tax Incentives written by and published by . This book was released on 2010 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Brownfields Programs and Tax Incentives are Stimulating the Redevelopment of Brownfields Properties in North Carolina and South Carolina written by Farah Rodenberger and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Article addresses (1) liability that developers face for cleanup costs associated with brownfield sites, which are contaminated properties as defined by statutes and regulations, regardless of whether they have caused or contributed to the contamination at the sites; (2) federal, North Carolina, and South Carolina brownfield programs offering some liability protection to developers; and (3) tax incentives enacted to encourage developers to redevelop these brownfield sites. The Article begins with a discussion of potential liability under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) (more commonly known as the Superfund law). The Article then reviews federal tax legislation (including the Taxpayer Relief Act, enacted in 1997, and the Small Business Liability Relief and Brownfields Revitalization Act, enacted in 2002) to boost funding for assessment and cleanup of brownfields, to enhance state response programs, and to clarify Superfund liability. The Article similarly reviews North Carolina and South Carolina brownfield programs and tax incentives serving to address assessment and cleanup of brownfields, Superfund liability, and liability protections.The Article notes that business developers are wary of brownfields primarily because of the possibility of facing environmental liability and the high costs associated with environmental cleanups. The Article comments that brownfield revitalization legislation offers certain protections against liability and permits developers to perform less costly cleanups determined by land use restrictions and other factors, and financial incentives to develop brownfields in the form of deductions, tax exclusions, and other tax incentives. The author recognizes that business developers rarely select business locations based solely on the availability of brownfield programs and tax incentives, and also consider factors such as population, education, existing infrastructure, and access to transportation. The author concludes, however, that all other factors being equal, federal, North Carolina, and South Carolina brownfield programs and tax incentives may ultimately determine the final selection of a location for business.
Download or read book Brownfields and the 50 states written by United States. Congress. House. Committee on Government Reform. Subcommittee on Federalism and the Census and published by . This book was released on 2006 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financing Brownfields State Program Highlights written by and published by . This book was released on 2007 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Incentives for Development of Brownfield Land written by and published by Hm Treasury. This book was released on 2007-01-01 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Brownfield Redevelopment written by United States. Government Accountability Office and published by . This book was released on 2005 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Brownfields written by United States. General Accounting Office and published by . This book was released on 2000 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Report to the Chairman, Committee on Commerce, House of Representatives.
Download or read book Tax Incentives for Development of Brownfield Land written by Great Britain. Treasury and published by . This book was released on 2007 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Influence of Incentives Offered by Local Governments to Private Developers Or Land Owners on the Rate of Brownfield Redevelopment written by Erik Benjamin Simon and published by . This book was released on 2009 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Redevelopment of brownfield sites has become increasingly popular since the inception of voluntary cleanup programs in the early to mid-1990s. Local governments have begun to offer incentives to private developers or land owners to offset costs associated with contamination and to encourage the redevelopment of properties. Incentives may take several forms such as fast-tracked project approval, risk-based cleanup standards, liability relief, tax breaks, and direct funding assistance. This study investigates how incentives offered by local governments to private developers or land owners influence the rate of redevelopment in their sphere of influence. A survey was administered to local governments throughout the State of California to determine how incentives are used for the redevelopment of brownfields. Results from this study show a preference by participating local governments to offer direct funding assistance, which may be directly linked to a relative level of inexperience.
Download or read book Economic Growth and Environmental Protection Through Revitalizing America s Brownfields written by Allyn Finegold and published by . This book was released on 1998 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Brownfields written by Todd S. Davis and published by American Bar Association. This book was released on 2002 with total page 1136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written for real estate lawyers, environmental lawyers, property owners, lenders, environmental consultants, environmental regulators, state or local government leaders and developers.
Download or read book The Ohio Experience written by United States. Congress. House. Committee on Government Reform. Subcommittee on Federalism and the Census and published by . This book was released on 2005 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Brownfields Tax Incentive Extension written by Mark E. Anthony Reisch and published by . This book was released on 2006 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: The brownfields tax incentive expired on December 31, 2005. Enacted in 1997, the provision allowed a taxpayer to fully deduct the costs of environmental cleanup in the year the costs were incurred (called "expensing"), rather than spreading the costs over a period of years ("capitalizing"). The provision was adopted to stimulate the cleanup and development of less seriously contaminated sites by providing a benefit to taxpaying developers of brownfield properties. Two bills that received congressional attention contained extensions of the provision; in one case (H.R. 4297,P.L. 109-222), the bill was dropped in conference, and in the other (H.R. 5970), the bill passed the House but failed in the Senate. Nevertheless, in each of its budget proposals since FY2003, the administration has suggested that Congress make the tax incentive permanent. Information on the extent of use of the brownfields tax incentive cannot be determined from federal income tax returns. However, to take advantage of the tax break, a developer had to obtain a certification from the state environmental agency that the site qualified as a brownfield. CRS surveyed the agencies of all states in 2003 to ask how many applications they had received and approved. Twenty-seven states reported that they had received brownfield tax incentive applications, for a total of 161 application, of which 147 were approved. The other 23 states reported that they received no requests for certification.
Download or read book Strategies for Financing Brownfields Remediation and Redevelopment in California written by California Pollution Control Financing Authority and published by . This book was released on 2000 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Brownfields written by United States. Congress. House. Committee on Government Reform and published by . This book was released on 2006 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Brownfields Tax Incentive Extension written by and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The brownfields tax incentive expired on December 31, 2005. Enacted in 1997, the provision allowed a taxpayer to fully deduct the costs of environmental cleanup in the year the costs were incurred (called "expensing"), rather than spreading the costs over a period of years ("capitalizing"). The provision was adopted to stimulate the cleanup and development of less seriously contaminated sites by providing a benefit to taxpaying developers of brownfield properties. Two bills that received congressional attention contained extensions of the provision; in one case (H.R. 4297, P.L. 109-222), the bill was dropped in conference, and in the other (H.R. 5970), the bill passed the House but failed in the Senate. Nevertheless, in each of its budget proposals since FY2003, the administration has suggested that Congress make the tax incentive permanent. Information on the extent of use of the brownfields tax incentive cannot be determined from federal income tax returns. However, to take advantage of the tax break, a developer had to obtain a certification from the state environmental agency that the site qualified as a brownfield. CRS surveyed the agencies of all states in 2003 to ask how many applications they had received and approved. Twenty-seven states reported that they had received brownfield tax incentive applications, for a total of 161 applications, of which 147 were approved. The other 23 states reported that they received no requests for certification.
