HR 5101 · 116th Congress · Taxation

Superfund Polluter Pays Act

Introduced 2019-11-14· Sponsored by Rep. Pallone, Frank, Jr. [D-NJ-6]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2019-11-14)

Plain Language Summary

[AI summary unavailable — showing source text] Superfund Polluter Pays Act This bill reinstates and extends the Hazardous Substance Superfund Financing rate through 2023 and increases the rate to 16.3 cents a barrel, adjusted for inflation beginning after 2019. The bill imposes on corporations a 0.12% tax of the excess of the modified environmental tax taxable income of the corporation over $3.13 million.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Rep. Pascrell, Bill, Jr. [D-NJ-9]NJ