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Expert Analysis

Amendments To NY's Brownfield Cleanup Program

Law360 (August 29, 2008, 12:00 AM EDT) -- On June 23rd, Governor Paterson signed into law amendments to New York's Brownfield Cleanup Program (BCP).[1] The BCP amendments changed two of the tax credits that are available to developers of brownfield sites and clarified the circumstances under which tax credits may be transferred. However, the BCP amendments did not alter the eligibility criteria for the BCP....

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