H.R.2703: Superfund Polluter Pays Act

About This Bill

Bill Version

Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
April 20, 2021
Referred to the House Committee on Ways and Means.
April 20, 2021

Introduced in the House by Frank Pallone (D-N.J.)

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