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United States · Bill · S

S. 2594 (115th)

CLEAN UP Act

referredUnited States· United States Congress· EN

Introduced

22 March 2018

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

Creating Livable Environments And New Usable Property Act or the CLEAN UP Act This bill amends the Internal Revenue Code to extend through 2019: (1) the exclusion of gain or loss on the sale or exchange of brownfield sites (land used for commercial or industrial purposes that has been contaminated with hazardous waste or pollution and has been cleaned up and made suitable for commercial or industrial uses) from unrelated business taxable income, and (2) the election to expense environmental remediation expenditures.

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Documents

3 official files

Introduced in Senate (text)

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