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S 2183 117th Congress Senate Taxation Government trust funds Hazardous wastes and toxic substances Inflation and prices Oil and gas Pollution liability Sales and excise taxes

Superfund Polluter Pays Restoration Act of 2021

Introduced: June 22, 2021 Introduced by: Booker, Cory A. Democratic · New Jersey See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 22, 2021
Read twice and referred to the Committee on Finance.
Jun 22, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

Superfund Polluter Pays Restoration Act of 2021

This bill (1) reinstates the Hazardous Substance Superfund financing rate beginning 60 days after enactment of this bill; (2) increases such rate from 9.7 cents to 17.2 cents per barrel of crude oil (adjusted for inflation after 2021); (3) reinstates and increases the rates of tax on taxable chemicals (adjusted for inflation after 2021); and (4) modifies the definition of crude oil to include any bitumen or bituminous mixture, any oil derived from such mixture (including oil derived from tar sands), and any oil derived form kerogen-bearing sources (including oil derived from oil shale).

The bill amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to allow the use of the Superfund for environmental remediation without further appropriation.

What's happening now June 22, 2021

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1