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How long are state property eligibility statements valid? Will the states have to issue statements for sites incurring ongoing O&M costs each year?

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How long are state property eligibility statements valid? Will the states have to issue statements for sites incurring ongoing O&M costs each year?

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A34: Property eligibility statements are valid for the applicable life of the incentive (currently scheduled to sunset on December 31, 2009). The IRS, not the states, has the authority to determine whether the ongoing O&M costs are eligible remediation expenditures.

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