Bill117th CongressFiled Apr 20, 2021Taxation
H.R. 2703
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 (Apr 20, 2021)
Superfund Polluter Pays Act
This bill reinstates and extends the Hazardous Substance Superfund Financing rate through 2025 and increases the rate to 16.3 cents a barrel, adjusted for inflation beginning after 2021.
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 happenedApr 20, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Pallone, Frank, Jr. [D-NJ-6](D-NJ)Sponsor
5 cosponsors5 D
5cosponsors1committees3actions8subjects
- Introduced in HouseApr 20, 2021
- Apr 20, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Apr 20, 2021IntroReferralIntro-H
Introduced in House
- Apr 20, 2021IntroReferral1000
Introduced in House