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    2017 National Brownfields Conference

    Pittsburgh, Dec 5, 2017, David L. Lawrence Convention Center
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Jun 21, 2017

Florida Measure Adds Flexibility to Dry Cleaner, Petroleum Site Cleanups

Innovative Florida environmental site cleanup and Brownfield programs received a boost as the 2017 regular session of the Florida Legislature concluded. In June, Governor Rick Scott signed into law a measure designed to add flexibility and to quicken the pace of petroleum and drycleaner site cleanup using creative Florida Department of Environmental Protection (FDEP) programs.

Following another record year in state Voluntary Cleanup Tax Credit (VCTC) participation, Governor Rick Scott and the Florida Legislature doubled annual VCTC funding for voluntary Brownfield and contaminated site cleanup. These legislative moves will ready more sites for redevelopment across Florida.

The comprehensive tax legislation doubles the funding for Florida’s VCTC program. The VCTC tax credit is a key state financial incentive to encourage the voluntary cleanup and redevelopment of Brownfield sites and certain drycleaner sites affected by contamination.

Administered by FDEP, the Florida Legislature permanently increased VCTC funding from $5 million to $10 million per year as of July 1, 2017. Eligible sites can receive a 50% VCTC state tax credit applied to state corporate income tax for environmental cleanup costs incurred and paid for the calendar year. For 2016, the VCTC program had another record year, receiving applications seeking over $14 million in annual VCTC tax credits. VCTC tax credits are transferable to third parties on an open market.




A Mill(ion) Dollar Opportunity

The Bates of Maine Woolen Mill, a former industrial anchor in the city of Lewiston (pop.36, 500) in western Maine, has been transformed into a modern and bustling economic hub following years of city, state, federal, non-profit, private involvement and funding

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Awards

More than 500 industry experts will come together November 1-3, 2017 in Philadelphia for the next important conference on remediation and redevelopment. It's the event you do not want to miss.

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The former General Motors Indianapolis Stamping Plant property presented a unique, 103-acreurban redevelopment opportunity ...

It was formerly a 100-year-old textile warehouse that held 550,000 bales of cotton ...

Despite the cloud of uncertainty around federal funding, there's a mood pervading that mostly consists of "carry on regardless" ...

Redevelopment Renewal Awards is the annual recognition of the outstanding renewal projects to the Renewal Industry.

The Renewal Awards categories are: Environmental Impact, Economic Development, Social Development, Sustainability, Renewable Energy.

We're gearing up for the next year's Awards Program. Your suggestions and ideas are welcome and help us improve the Program.
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Michigan developers now can collect some of the taxes generated by businesses on brownfield sites upon which they're building ...

Innovative Florida environmental site cleanup and Brownfield programs received a boost as the 2017 regular session of the Florida Legislature concluded ...

Green Bay, Wis. redevelopment efforts are getting a big boost with a grant from the Environmental Protection Agency ...