A bill to amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to generate additional revenues for the Superfund and to provide for certain additional forms of assistance respecting releases of hazardous substances, to amend the Internal Revenue Code of 1954 to impose (in lieu of the tax on chemical feedstocks) an additional tax on hazardous wastes, and for other purposes.

[AI summary unavailable — showing source text] Title I - Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ("Superfund Act") to authorize the Administrator of the Environmental Protection Agency to make grants to assist States in carrying out: (1) hazardous waste enforcement programs under the Solid Waste Disposal Act; and (2) remedial actions and other response measures necessary with respect to the release, or substantial threat of release, of any pollutant or contaminant from a facility which is not on the list of 400 top priority known response targets, but which the State determines may present an imminent and substantial danger to the public health or welfare. Authorizes the Administrator to provide technical assistance to companies in the recycling of hazardous substances. Requires that specified amounts appropriated to the Hazardous Substances Response Trust Fund be reserved for: (1) such grants to States; and (2) such technical assistance to companies. Revises audit provisions to direct the Inspector General of each department or agency which has responsibility to obligate money in the Fund to: (1) report annually to the President and the Congress; and (2) specifically identify in…