S2007
An Act facilitating brownfields redevelopment
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill aims to encourage the cleanup and redevelopment of brownfields – sites with environmental contamination – by offering tax credits to developers and property owners. The goal is to stimulate economic activity and revitalize areas affected by past industrial practices. The bill provides financial incentives to support projects that remediate these sites, making them suitable for new uses. It seeks to address environmental concerns while promoting economic growth.
Key provisions
- Provides tax credits for brownfields redevelopment projects.
- Encourages the cleanup and reuse of contaminated sites.
- Supports economic development in areas with brownfields.
- Focuses on remediation of sites previously used for industrial purposes.
Who is affected
- Developers
- Property Owners
- Environmental Remediation Companies
- Local Governments
- Communities near brownfields
Sponsors
Official sponsors from legislative records.
Primary sponsor
Barry R. Finegold
Cosponsor
Barry R. Finegold
Arguments in favor
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Bill S.2007 194th (Current)
An Act facilitating brownfields redevelopment
By Mr. Finegold, a petition (accompanied by bill, Senate, No. 2007) of Barry R. Finegold for legislation to promote the redevelopment of contaminated sites through tax credits. Revenue.
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Bill Information
Bill Information
Presenter: Barry R. Finegold Status: Referred to Joint Committee on Revenue
Tabs
Bill History Petitioners Committee Summary Primary Sponsor Summary
Bill History
Displaying 4 actions for Bill S.2007
| Date | Branch | Action |
| 2/27/2025 | Senate | Referred to the committee on Revenue |
| 2/27/2025 | House | House concurred |
| 7/1/2025 | Joint | Hearing scheduled for 07/15/2025 from 10:00 AM-01:00 PM in A-1 |
| 4/1/2026 | Senate | Reporting date extended to Thursday June 25, 2026 |
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