Michael Turner

**Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025** This bill temporarily reinstates the election to expense environmental remediation costs paid or incurred in connection with the cleanup of certain business property (also known as the brownfields redevelopment tax incentive). (The election to expense allows a taxpayer to deduct such costs in the year incurred rather than treat such costs as capital expenses that are depreciated over a period of time.) The brownfields redevelopment tax incentive allows a taxpayer to elect to expense costs that would otherwise be capitalized and are paid or incurred before 2012 in connection with the abatement or control of a hazardous substance on property (1) used in a trade or business, (2) for the production of income, or (3) held by the taxpayer primarily for sale in the ordinary course of a trade or business. (Some limitations apply.) Under the bill, a taxpayer may elect to expense such environmental remediation costs paid or incurred in 2025-2028.

**Performing Artist Tax Parity Act of 2025** This bill increases the income limit and makes other modifications to the above-the-line tax deduction for business expenses of qualified performing artists. (Above-the-line deductions are subtracted from gross income to calculate adjusted gross income.) Under current law, a *qualified performing artist* (who may deduct certain business expenses from gross income) is defined as an individual who (1) performs services in the performing arts as an employee for at least two employers during the tax year and receives at least $200 from each employer (minimum payment), (2) has business deductions attributable to such services exceeding 10% of the gross income received from such services, and (3) has adjusted gross income of $16,000 or less. The bill modifies the definition of a *qualified performing artist* (for purposes of the business expense deduction) to eliminate the $16,000 adjusted gross income limitation and increase the minimum payment amount to $500 (adjusted for inflation beginning in 2026). However, under the bill, the tax deduction for business expenses of qualified performing artists phases out for individuals with gross income exceeding $100,000 (or $200,000 for joint filers) such that the tax deduction completely phases out for individuals with gross income exceeding $120,000 (or $240,000 for joint filers). (The phase-out threshold is adjusted for inflation beginning in 2026.) Finally, the bill provides that commissions paid to a manager or agent by a qualified performing artist are deductible business expenses.

**BNA Fairness Ac**t This bill excludes from gross income (for federal income tax purposes) the basic needs allowance received by eligible members of the Armed Forces. Under current law, members of the Armed Forces may be eligible to receive the basic needs allowance (additional monthly payment) if (1) they have completed initial training, (2) they have at least one dependent, and (3) their total household income does not exceed 200% of the federal poverty level (based on the location and number of individuals in the household). Further, under current law, certain qualified military benefits may be excluded from gross income. However, the basic needs allowance is not included within the definition of *qualified military benefits* and must be included in gross income for federal tax purposes. Under the bill, the definition of *qualified military benefits* that may be excluded from gross income is expanded to include the basic needs allowance.

**Coordinating Care for Senior Veterans and Wounded Warriors Act** This bill requires the Department of Veterans Affairs (VA) to implement a three-year pilot program to coordinate, navigate, and manage care and benefits for veterans who are enrolled in both the Medicare program and the VA health care system.

This bill designates the facility of the United States Postal Service located at 10660 Page Avenue in Fairfax, Virginia, as the "Congressman Gerald E. Connolly Post Office Building".

**It's About Time Act** This bill changes the calendar period for the federal fiscal year (currently October 1-September 30) to January 1-December 31 beginning on January 1, 2027.