Bill Summary for S 387 (2025-2026)

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Bill: BROWNFIELDS PROPERTY REUSE ACT REVISIONS.

Summary date: 

Jul 3 2025
S.L. 2025-53

Bill Information:

View NCGA Bill Details2025-2026 Session
Senate Bill 387 (Public) Filed Monday, March 24, 2025
AN ACT TO AMEND THE BROWNFIELDS PROPERTY REUSE ACT AND THE BROWNFIELDS PROPERTY TAX BENEFIT.
Intro. by McInnis, Moffitt, Jarvis.

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Bill summary

AN ACT TO AMEND THE BROWNFIELDS PROPERTY REUSE ACT AND THE BROWNFIELDS PROPERTY TAX BENEFIT. SL 2025-53. Enacted July 2, 2025. Section 1 is effective for taxes imposed for taxable years beginning on or after July 1, 2025. The remainder of this act is effective July 2, 2025.