[Congressional Record (Bound Edition), Volume 163 (2017), Part 3]
[Extensions of Remarks]
[Pages 4286-4287]
[From the U.S. Government Publishing Office, www.gpo.gov]




             INTRODUCTION OF THE SUPERFUND REINVESTMENT ACT

                                 ______
                                 

                          HON. EARL BLUMENAUER

                               of oregon

                    in the house of representatives

                       Wednesday, March 15, 2017

  Mr. BLUMENAUER. Mr. Speaker, today, joined by 14 original cosponsors, 
I am pleased to reintroduce the Superfund Reinvestment Act. This 
legislation would provide much needed funding to clean up toxic waste 
sites throughout the United States and relieve the financial burden of 
cleanup that is currently shouldered by the American taxpayers.
  There are more than 1,100 severely polluted Superfund sites across 
the United States that approximately 49 million Americans live within 
three miles of. These contaminated sites harm air and water quality and 
threaten the economic and social vitality of vulnerable communities. 
These communities can be exposed to toxins such as arsenic, benzene, 
PCBs, mercury, and a wide range of solvents, which can lead to health 
problems such as infertility, low birth weight, birth defects, 
leukemia, and respiratory difficulties.
  The Superfund program was originally created in 1980 to clean up 
these contaminated sites help reduce exposure to the health risks and 
fears that come from living close to toxic waste. Unfortunately, at 
approximately 30 percent of Superfund sites known as orphan

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sites, those responsible for the pollution cannot be found or do not 
have the ability to pay, so instead the federal government foots the 
bill.
  Originally, payments for orphan sites were financed through taxes on 
chemicals, petroleum, and corporate income, which were deposited into 
the Superfund Liability Trust Fund. This Fund ensured that those 
industries responsible for pollution pay for the remediation of sites 
where there is no responsible party. These taxes expired in 1995 and 
were not reauthorized. As a result, the Trust Fund has been depleted 
and the funding for the cleanup of orphan sites has shifted primarily 
to general funds.
  The Superfund Reinvestment Act would reinstate taxes on the 
petrochemical industry to fund the cleanup of hazardous waste sites 
across the country. It would make sure that polluters, not taxpayers, 
are paying for cleanup of orphan sites. The bill includes excise taxes 
of $.163 per barrel on crude oil or refined oil products and taxes 
ranging from $.51 to $11.35 per ton on certain chemicals. The bill 
would reinstate a corporate environmental income tax of .12 percent on 
a corporation's modified alternative minimum taxable income that 
exceeds $3.735 million. This legislation would expand the definition of 
oil to include unconventional crude oil sources, such as tar sands and 
oil shale. This legislation also would guarantee that money from the 
Trust Fund is only spent on Superfund cleanups.
  I urge my colleagues to join me in working to strengthen the 
Superfund program by ensuring that polluters continue to pay. With our 
environment at such a high risk, we need a fully funded Superfund 
program now more than ever. Restoring these taxes will go a long way 
towards making certain that funds are available to cleanup America's 
most toxic waste sites and to help keep our communities and our 
families safe, healthy and economically secure for future generations.

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