3.0.0 5101 2022-10-28T02:00:31Z 2022-10-28T02:00:31Z House HR 2019-11-14 116 [Congressional Record Volume 165, Number 182 (Thursday, November 14, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PALLONE:H.R. 5101.Congress has the power to enact this legislation pursuantto the following:Article I, Section VIII of the Constitution[Page H8879]]]> hswm00 Ways and Means Committee House Standing Referred to 2019-11-14T15:01:25Z 2019-11-14 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2019-11-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-11-14 Introduced in House IntroReferral 1000 9 Library of Congress P000034 Rep. Pallone, Frank, Jr. [D-NJ-6] FRANK PALLONE D NJ 6 N P000096 Rep. Pascrell, Bill, Jr. [D-NJ-9] WILLIAM PASCRELL D NJ J. 9 2019-11-14 True Taxation Corporate finance and management Government trust funds Hazardous wastes and toxic substances Income tax rates Inflation and prices Oil and gas Pollution liability Sales and excise taxes Taxation 00 2019-11-14 Introduced in House 2019-12-11T19:57:58Z 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.

]]> Superfund Polluter Pays Act Display Title Superfund Polluter Pays Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to extend the financing of the Superfund. Introduced in House IH Short Title(s) as Introduced Superfund Polluter Pays Act Introduced in House IH Introduced in House 2019-11-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr5101ih/xml/BILLS-116hr5101ih.xml 2019-11-14 Referred to the House Committee on Ways and Means. 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.