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June 2014


June 30, 2014 | Posted by Karen L. Mintzer 6/30/2014 | Permalink

Governor Cuomo is expected to sign a bill passed by the New York State Legislature last week that
extends the sunset of the state's Brownfield Cleanup Program (BCP) from December 31, 2015 until
March 31, 2017. This bill does not include any modifications to the tax credits that are currently
available to any taxpayer that has remediated a site under the BCP. The bill also authorizes the
issuance of bonds to refinance the New York State Superfund Program through March 31, 2017, and
appropriates $100 million to the New York State Department of Environmental Conservation for the
program.

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