Massachusetts S2007 facilitates brownfields redevelopment through tax credits for contaminated site redevelopment.

Massachusetts S2007 amends the General Laws to promote the redevelopment of contaminated sites by providing tax credits. This bill includes expenses for redevelopment required by the Massachusetts Contingency Plan and guidance from the Department of Environmental Protection. It aims to incentivize the cleanup and reuse of brownfields, which are previously occupied industrial or commercial properties that may be contaminated and underutilized.

Massachusetts S2007 facilitates brownfields redevelopment through tax credits for contaminated site redevelopment.

Massachusetts S2007 amends the General Laws to promote the redevelopment of contaminated sites by providing tax credits. This bill includes expenses for redevelopment required by the Massachusetts Contingency Plan and guidance from the Department of Environmental Protection. It aims to incentivize the cleanup and reuse of brownfields, which are previously occupied industrial or commercial properties that may be contaminated and underutilized.