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Indiana - News
Indiana taxpayers remediating a brownfield site in the state may be eligible to receive financial assistance through the Voluntary Remediation Tax Credit (VRTC), a brownfield redevelopment tool administered by the Indiana Development Finance Authority (IDFA), in cooperation with the Indiana Department of Environmental Management. The new VRTC is available to any taxpayer who meets the statutory eligibility requirements (effective as of January 1, 2004) and is subject to one or more of the following Indiana taxes: the state gross retail and use tax, the adjusted gross income tax, the financial institutions tax, and the insurance premiums tax. Eligible remediation projects may, but are no longer required to, enter the IDEM Voluntary Remediation Program (VRP) to receive the tax credit.
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Industry Profiles
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Fred D. Reynolds Oak Brook, Ill.
Senior Vice President, Development, CenterPoint Properties
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Melanie Gregg Buffalo
Community Programs Marketing Manager for the City of Buffalo Economic
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Chris Nelson San Francisco, Calif.
National Partner, Brownfields, SCS Engineers
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Brownfield Stateside Report
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by Staff Report
In Michigan, some are predicting a better business climate for redevelopment and regulatory closure of contaminated properties thanks to a bill Michigan Governor Rick Snyder was scheduled to sign last week. The new regulations should have a positive impact on commercial real estate development and brownfields redevelopment resulting in the creation of jobs. |
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by VeruTEK
A property located on a bank of the East River and in a densely developed residential and commercial area, had its work cut out for it from an environmental remediation standpoint. The mission was to clean up the land and ultimately make one puzzle piece to a larger urban revitalization project that would be redeveloped as a public library and park ranger station.
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Industry Experts
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Susan Boyle
Mt. Laurel
Senior Environmental Practice Leader, GEI Consultants
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