Search by name, location, service or keyword

Under Review: New York State Department of Environmental Conservation Draft Brownfield Cleanup Program Regulations

April 21, 2022
This has already been an eventful year for stakeholders interested in the New York Brownfield Cleanup Program (BCP). The recently enacted NYS budget included a ten-year extension of the tax credits under the BCP, as detailed in our recent alert. NYSDEC first announced in May 2017 (and then every year since) that it would issue Read More »

Brownfield Cleanup Program Tax Credits Extended for Ten Years

April 13, 2022
Amendments also include a $50K BCP program fee, other changes April 13, 2022 On Saturday, April 9, 2022, New York State Governor Kathy Hochul signed into law a ten-year extension of the tax incentives for the Brownfield Cleanup Program (BCP) as part of the 2022-23 NYS Budget ("Budget"). The BCP's incentives were to sunset for Read More »

Ten-Year Brownfield Cleanup Program, Tax Credit Extender & Other Program Amendments Included in Gov. Hochul’s FY 2023 Executive Budget

January 28, 2022
On January 18, New York Governor Kathy Hochul issued proposed legislation to implement the Governor's Fiscal Year 2023 Executive Budget.  The Transportation, Economic Development, and Environmental Conservation bill included in the Executive Budget would extend the tax incentives available for remediation and redevelopment of contaminated sites under New York's Brownfield Cleanup Program ("BCP") for ten Read More »