No, you may not claim an SBT credit for the cost of eligible activities. The SBT credit is only available for the cost of eligible investment. The cost of eligible activities may be paid for through the use of tax increment financing under the Brownfield Redevelopment Act.

Eligible investment means demolition, construction, restoration, alteration, renovation, or improvement of buildings or site improvements on eligible property and the addition of machinery, equipment and fixtures. These activities must occur after the date that eligible activities on the property have begun pursuant to a brownfield plan and after a preapproval letter has been issued.

Eligible activities mean baseline environmental assessment activities, due care activities, additional response activities and relocation of public buildings or operations for economic development purposes. In a qualified local governmental unit, eligible activities also mean infrastructure improvements that directly benefit eligible property; demolition of structures; lead or asbestos abatement; and site preparation.