Skip to main content
HR 2674 117th Congress House Taxation Budget deficits and national debt Corporate finance and management Government trust funds Hazardous wastes and toxic substances Income tax rates Inflation and prices Oil and gas Pollution liability Sales and excise taxes

Superfund Reinvestment Act

Introduced: April 20, 2021 See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 21, 2021
Referred to the Subcommittee on Environment and Climate Change.
Apr 21, 2021
Referred to the Subcommittee on Water Resources and Environment.
Apr 20, 2021
Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, Energy and Commerce, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Apr 20, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Superfund Reinvestment Act

This bill authorizes the use of amounts in the Hazardous Substance Superfund for environmental cleanup costs under the Superfund program (which provides funding to clean up sites contaminated with hazardous substances).

Receipts and disbursements of the Hazardous Substance Superfund must (1) not be counted 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) be exempt from general budget limitations imposed by statute on expenditures and net lending (budget outlays); and (3) be available only for the allowable uses specified for the Superfund.

This bill (1) reinstates and adjusts for inflation annually after 2021, the Hazardous Substance Superfund financing rate and the corporate environmental income tax threshold amount; and (2) extends the borrowing authority of the Superfund through 2029.

What's happening now April 21, 2021

Referred to the Subcommittee on Environment and Climate Change.

 Committees of jurisdiction 6
 Cosponsors 16
All 16 Democratic 16