Congress has begun increasing its efforts to interest the private sector in brownfields clean ups. With the support of BOMA and other real estate organizations, Representatives Johnson (R-CT) and Weller (R-IL) offered a bill on March 9 to make permanent the expensing of brownfields clean up costs (instead of the usual capitalizing of the remediation costs), and to expand the law’s coverage to all sites nationwide.
For more information, or to find out if your congressman is a member of the House Ways and Means Committee (if you would like to write and ask them to cosponsor the Johnson/Weller brownfields bill), you can visit the Ways and Means Committee’s Web site http://www.house.gov/ways_means/memsub.htm.
Based on a report from Potomac Currents
