Bill116th CongressFiled Nov 14, 2019Taxation
H.R. 5101
Superfund Polluter Pays Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Nov 14, 2019)
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.
What just happenedNov 14, 2019
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Pallone, Frank, Jr. [D-NJ-6](D-NJ)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions8subjects
- Introduced in HouseNov 14, 2019
- Nov 14, 2019IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Nov 14, 2019IntroReferralIntro-H
Introduced in House
- Nov 14, 2019IntroReferral1000
Introduced in House