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HR 4494 101th Congress House

To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to limit the liability under that Act of lending institutions acquiring facilities through foreclosure or…

Official title: To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to limit the liability under that Act of lending institutions acquir… Show full official titleShow less

Official title: To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to limit the liability under that Act of lending institutions acquiring facilities through foreclosure or similar means and corporate fiduciaries administering estates or trusts.

Introduced: June 27, 1990 See on congress.gov
Environmental Protection Bank failuresFinance and Financial SectorForeclosureHazardous waste disposal
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Liability for toxic substances pollution damagesTrusts and trustees
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This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 2, 1990
Subcommittee Hearings Held.
Apr 23, 1990
Referred to the Subcommittee on Transportation and Hazardous Materials.
Apr 4, 1990
Referred to the House Committee on Energy and Commerce.
Apr 4, 1990
Introduced in House
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 Latest action August 2, 1990

Subcommittee Hearings Held.

 Plain-English summary Congressional Research Service

Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to provide that the definition of "owner or operator" (for purposes of liability) does not include: (1) a designated lending institution which acquires control of a facility pursuant to the terms of a security interest held by the person in such facility or in connection with a lease subject to Federal or State banking authorities; (2) a corporate fiduciary which operates or has legal title to a facility pursuant to the terms of an estate or trust; (3) an individual or institution that serves as an indenture trustee and acquires control of a facility as the result of default on a financing document between the trustee and the issuing entity; and (4) an individual fiduciary who has legal title to a facility for purposes of administering an estate or trust.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 15
All 15 Democratic 4 Republican 2
FROST, MARTIN
· Sep 10, 1990
 D
Durbin, Richard J.
Illinois · Jul 17, 1990
BALLENGER, CASS
· Jul 10, 1990
 R
Rogers, Harold
Kentucky · Jun 28, 1990
STENHOLM, CHARLES
· Jun 28, 1990
COMBEST, LARRY
· Jun 27, 1990
TAUZIN, W.
· Jun 27, 1990
KLECZKA, GERALD
· Jun 21, 1990
 R
Smith, Christopher H.
New Jersey · Jun 21, 1990
BEREUTER, DOUGLAS
· Jun 13, 1990
 D
Mfume, Kweisi
Maryland · May 24, 1990
 D
Neal, Richard E.
Massachusetts · May 22, 1990
GOSS, PORTER
· May 14, 1990
HOUGHTON, AMO
· May 14, 1990
 D
Kaptur, Marcy
Ohio · Apr 25, 1990
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4494: To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to limit the liability under that Act of lending institutions acquiring facilities through foreclosure or similar means and corporate fiduciaries administering estates or trusts.. 101st Congress. Open America. https://openamerica.io/bill/101-HR-4494/
MLA
"H.R. 4494: To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to limit the liability under that Act of lending institutions acquiring facilities through foreclosure or similar means and corporate fiduciaries administering estates or trusts.." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-4494/.
Bluebook (legal)
H.R. 4494, 101st Cong. (2026), https://openamerica.io/bill/101-HR-4494/.
Markdown link
[H.R. 4494: To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to limit the liability under that Act of lending institutions acquiring facilities through foreclosure or similar means and corporate fiduciaries administering estates or trusts.](https://openamerica.io/bill/101-HR-4494/)
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