S 1325 · 96th Congress · Environmental Protection

Hazardous Waste Post-Closure Liability Act

Introduced 1979-06-12· Sponsored by Sen. Randolph, Jennings [D-WV]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Environment and Public Works.(1979-06-12)

Plain Language Summary

[AI summary unavailable — showing source text] Hazardous Waste Post-Closure Liability Act - Prohibits actions for damages arising from a hazardous waste incident from being brought in any Federal, State, or local court except as provided by this Act, and prohibits mandatory contributions to any insurance fund or other fund providing compensation to any person or for any claims which are subject to compensation under this Act. Establishes in the United States Treasury a Hazardous Waste Post-Closure Liability Fund to be constituted from annual nationally-uniform premiums collected from operators of hazardous waste management facilities based upon the amount of hazardous waste received by each such facility. Sets the maximum level of such Fund at $200,000,000 and the minimum level thereof at $100,000,000. Subjects persons to prosecution under the Solid Waste Disposal Act for falsifying records required to be maintained under this Act. Stipulates that failure to pay such premium shall be deemed to constitute failure to establish financial responsibility as required by this Act. Authorizes the Secretary of the Treasury to invest and reinvest any excess in the fund in interest-bearing special obligations of the United States. Authori…

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