Amendment99th Congress
A substitute amendment on a previous legislative day that eliminates the bill's Superfund Excise Tax. It would raise about $8.2 billion over five years with a combination of oil, chemical and wasteend taxes similar to the bill, plus $2.3 billion from general revenues, compared to $180 million in the bill. It includes a corporate surcharge that would be triggered after three years if EPA and the Treasury Department determine additional revenues are necessary.
- Amendment Number
- 695
- Description
- A substitute amendment on a previous legislative day that eliminates the bill's Superfund Excise Tax. It would raise about $8.2 billion over five years with a combination of oil, chemical and wasteend taxes similar to the bill, plus $2.3 billion from general revenues, compared to $180 million in the bill. It includes a corporate surcharge that would be triggered after three years if EPA and the Treasury Department determine additional revenues are necessary.
- Congress
- 99
- Type
- HAMDT
- Latest Action Date
- Dec 10, 1985
- Latest Action Text
- Amendment Failed of Passage in Committee of Whole by Recorded Vote: 74 - 349 (Record Vote No: 443).
- Submitted Date
- Dec 6, 1985
- Chamber
- House of Representatives
- Update Date
- Jun 30, 2021