National Brownfields Coalition seeks members for Remediation Tax Expensing committee
Medpace moved their 700-employee headquarters to Cincinnati and used the tax expensing program to overcome $3.0 million in cleanup costs. Photo via Cincinnati.com.
Brownfields professionals and coalition members are invited to join a new committee of the National Brownfields Coalition dedicated to re-implementing the Section 198 Remediation Tax Expensing program.
The Committee is organizing support from communities that have benefited from the program, and is providing information to Congress on the past impacts and the future potential of the program. The Committee has already organized a sign-on letter in support of the measure and hosted a webcast about the issue with our partner NALGEP. The webcast includes many project examples, including the Medpace office and research laboratory pictured above, which was built on a 29-acre parcel in Cincinnati that was once contaminated. Medpace has 750 employees at the site with plans for future expansion.