H.R. 2768 · 114th Congress
Superfund Reinvestment Act
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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BlumenauerSponsor18 cosponsors · 18 D
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Beyer
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Conyers
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Connolly
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Chu
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Cartwright
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Gutiérrez
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Grijalva
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Honda
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Huffman
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Keating
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McNerney
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Norton
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Pallone
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Pascrell
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Slaughter
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Schiff
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Levin
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Pocan16 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) to authorize the use of amounts in the Hazardous Substance Superfund for environmental cleanup costs authorized by such Act.
What it does: CRS summary · Introduced in House · Jun 15, 2015
Superfund Reinvestment Act
Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) to authorize the use of amounts in the Hazardous Substance Superfund for environmental cleanup costs authorized by such Act.
Provides that receipts and disbursements of the Hazardous Substance Superfund: (1) shall not be counted as new budget authority, outlays, receipts, or deficit or surplus, for purposes of the President's budget, the congressional budget, the Balanced Budget and Emergency Deficit Control Act of 1985, or the Statutory Pay-As-You-Go Act of 2010; (2) shall be exempt from any general budget limitations; and (3) shall be available only for the purposes specified in CERCLA.
Amends the Internal Revenue Code to: (1) reinstate through December 31, 2024 and adjust for inflation annually after 2016, the Hazardous Substance Superfund financing rate and the corporate environmental income tax threshold amount; (2) extend the borrowing authority of the Superfund through 2024; and (3) modify the definition of "crude oil" for purposes of the excise tax on petroleum and petroleum products to include any bitumen or bituminous mixture, any oil derived from a bitumen or bituminous mixture (tar sands), and any oil derived from kerogen-bearing sources (oil shale).
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Superfund Reinvestment Act
Latest action (Jun 19, 2015): Referred to the Subcommittee on Environment and the Economy.
Policy area: Taxation · Origin: House · Introduced: Jun 15, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.