Cart 0 $0.00
IRE favicon

Developers abuse loopholes in Brownfield Cleanup Program

Rick Moriarty of The Post-Standard (Syracuse, N.Y.) reports on abuses of loopholes in the state's Brownfield Cleanup Program, a law meant to encourage development on contaminated property through tax credits for environmental cleanup. The developer of Destiny USA, a stalled shopping mall expansion project, could collect up to $54 million in tax breaks despite insignificant cleanup costs. "The state faces an eventual tax hit of $3 billion for projects in the program, the state comptroller’s office estimated in 2008. And that didn’t yet include Destiny."

109 Lee Hills Hall, Missouri School of Journalism   |   221 S. Eighth St., Columbia, MO 65201   |   573-882-2042   |   |   Privacy Policy
crossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram
My cart
Your cart is empty.

Looks like you haven't made a choice yet.