[CPEO-BIF] 11 April Webinar: What Happened to the Brownfields Tax Incentive?

["Ilan, Lee" <lilan@cityhall.nyc.gov>]

Title: Webinar: What Happened to the Brownfields Tax Incentive?

Hi, Lenny-

Could you put this out on the CPEO listserve?

We’re looking to help more people understand and get involved in this issue.

Thanks much,

Lee

 

 

Join our free webinar:
What Happened to the Brownfields Tax Incentive?  

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Join NALGEP and the National Brownfields Coalition on Thursday, April 11^th at 2:00 – 3:15 pm eastern time to hear from national experts about how the Brownfields Tax Incentive works, why it is so powerful and effective, how specific projects have used the incentive, and strategies to renew it. 

Sign up here: https://attendee.gotowebinar.com/register/4862995143408364544
 
    Hear from:
Daniel Walsh, Director of New York City’s Office of Environmental Remediation
Mark McIntyre, General Counsel for the NYC Office of Environmental Remediation

Todd Voelkerding, Director, Financial Planning & Analysis, Medpace

Evans Paull, Executive Director of the National Brownfields Coalition
 
Since 1997, the Brownfields Tax Incentive has encouraged brownfields cleanup and redevelopment.  This federal incentive, also known as IRS § 198, allows cleanup costs at brownfields to be fully deducted in the year incurred, rather than capitalized and deducted incrementally over a property’s useful life.  This incentive, however, expired at the end of 2011 and has not been renewed.  In this webinar, experts will describe the incentive, describe projects across the country that have used it, and educate attendees about current legislative efforts to renew the incentive. 

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