3.0.0 5669 2023-01-11T13:39:36Z 2023-01-11T13:39:36Z House HR 2018-05-01 115 [Congressional Record Volume 164, Number 71 (Tuesday, May 1, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. VELAZQUEZ:H.R. 5669.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1The Congress shall have Power to . . . provide for the . .. general Welfare of the United States; . . .[Page H3746]]]> hssm00 Small Business Committee House Standing Referred to 2018-05-01T13:30:10Z hswm00 Ways and Means Committee House Standing Referred to 2018-05-01T13:30:05Z 2018-05-01 Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2018-05-01 Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2018-05-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-05-01 Introduced in House IntroReferral 1000 9 Library of Congress V000081 Rep. Velazquez, Nydia M. [D-NY-7] NYDIA VELAZQUEZ D NY M. 7 N G000551 Rep. Grijalva, Raúl M. [D-AZ-3] Raúl Grijalva D AZ M. 3 2018-05-01 True L000551 Rep. Lee, Barbara [D-CA-13] BARBARA LEE D CA 13 2018-05-01 True V000108 Rep. Visclosky, Peter J. [D-IN-1] PETER VISCLOSKY D IN J. 1 2018-05-01 True B001300 Rep. Barragan, Nanette Diaz [D-CA-44] Nanette Barragan D CA Diaz 44 2018-05-01 True G000535 Rep. Gutierrez, Luis V. [D-IL-4] LUIS GUTIERREZ D IL V. 4 2018-05-01 True B001245 Del. Bordallo, Madeleine Z. [D-GU-At Large] Madeleine Bordallo D GU Z. 0 2018-05-01 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2018-05-01 True S001170 Rep. Shea-Porter, Carol [D-NH-1] Carol Shea-Porter D NH 1 2018-05-01 True S001165 Rep. Sires, Albio [D-NJ-8] Albio Sires D NJ 8 2018-05-01 True J000126 Rep. Johnson, Eddie Bernice [D-TX-30] EDDIE JOHNSON D TX BERNICE 30 2018-05-01 True S000185 Rep. Scott, Robert C. "Bobby" [D-VA-3] Robert Scott D VA C. "Bobby" 3 2018-05-01 True M001143 Rep. McCollum, Betty [D-MN-4] BETTY MCCOLLUM D MN 4 2018-05-01 True W000822 Rep. Watson Coleman, Bonnie [D-NJ-12] Bonnie Watson Coleman D NJ 12 2018-05-01 True J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2018-05-01 True M000312 Rep. McGovern, James P. [D-MA-2] JAMES MCGOVERN D MA P. 2 2018-05-01 True E000297 Rep. Espaillat, Adriano [D-NY-13] Adriano Espaillat D NY 13 2018-05-01 True P000604 Rep. Payne, Donald M., Jr. [D-NJ-10] Donald Payne D NJ M. 10 2018-05-15 False Taxation Business expenses Corporate finance and management Disaster relief and insurance Government lending and loan guarantees Government trust funds Hazardous wastes and toxic substances Income tax deductions Pollution liability Small business Taxation 00 2018-05-01 Introduced in House 2019-02-28T14:13:17Z Superfund Enhancement Act of 2018

This bill amends the Internal Revenue Code to: (1) reinstate the Hazardous Substance Superfund financing rate (the Superfund tax) beginning on January 1, 2018; and (2) allow certain small businesses to expense up to $10,000 of the costs for relocating a trade or business carried on in a location which is situated on, or adjacent to, a site which is on, or proposed for, the national priorities list under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980.

The bill also makes small businesses and individuals that are relocating from a Superfund site eligible for certain Small Business Administration disaster loans.

]]> Superfund Enhancement Act of 2018 Display Title Superfund Enhancement Act of 2018 Official Title as Introduced To amend the Internal Revenue Code of 1986 and the Small Business Act to reduce costs for certain businesses required to relocate from a Superfund site, and for other purposes. Introduced in House IH Short Titles as Introduced Superfund Enhancement Act of 2018 Introduced in House 2018-05-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr5669ih/xml/BILLS-115hr5669ih.xml 2018-05-01 Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.