Relates to the brownfield redevelopment tax credit; provides that in the event that the qualified site is owned by, or was acquired by a taxpayer from, a municipality and such municipality is a volunteer under the brownfield site clean-up agreement with respect to such qualified site, then the amount of the credit shall be reduced; defines "infrastructure work"; makes related amendments.
An Act Concerning Certain Property Tax Agreements Between Municipalities And Prospective Purchasers Of Brownfields And Abandoned Properties And Establishing A Brownfield Remediation Tax Credit.