Pennsylvania Business Report
Bipartisan legislation supporting military installation redevelopment introduced
U.S. Sens. Dave McCormick (R-PA) and Brian Schatz (D-HI) introduced legislation that would help communities redevelop former military installations. The legislation, the Increasing Opportunity for Reindustrialization Act, would expand the eligibility for Base Realignment and Closure (BRAC) sites to be designated as Qualified Opportunity Zone (QOZ) sites. “Former military installations have the potential to become engines of economic growth, manufacturing, and job creation,” McCormick ...
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