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H.R. 2703

BillFederalHouseIn Committee
Superfund Polluter Pays Act
About This Bill
Committee
Latest Action · April 20, 2021
Referred to the House Committee on Ways and Means.
Congress
117th (2021–2023)
Introduced
April 20, 2021
Cosponsors (5)
5D 0R
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Summary

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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.

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