[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3870 Introduced in House (IH)]
113th CONGRESS
2d Session
H. R. 3870
To provide for the use of funds in the Hazardous Substance Superfund
for the purposes for which they were collected, to ensure adequate
resources for the cleanup of hazardous substances under the
Comprehensive Environmental Response, Compensation, and Liability Act
of 1980, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 14, 2014
Mr. Blumenauer (for himself, Mr. Holt, Mr. Pallone, Mr. Nadler, Ms.
Schwartz, Mr. Conyers, Ms. Shea-Porter, Mr. Pascrell, Ms. Lee of
California, Mr. Schiff, Mr. Connolly, Mr. Moran, Mr. Grijalva, Mr.
Huffman, Ms. McCollum, and Mr. Cartwright) introduced the following
bill; which was referred to the Committee on Ways and Means, and in
addition to the Committees on Transportation and Infrastructure, Energy
and Commerce, and the Budget, 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
_______________________________________________________________________
A BILL
To provide for the use of funds in the Hazardous Substance Superfund
for the purposes for which they were collected, to ensure adequate
resources for the cleanup of hazardous substances under the
Comprehensive Environmental Response, Compensation, and Liability Act
of 1980, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Superfund Reinvestment Act''.
SEC. 2. USE OF HAZARDOUS SUBSTANCE SUPERFUND FOR CLEANUP.
(a) Availability of Amounts.--Section 111 of the Comprehensive
Environmental Response, Compensation, and Liability Act of 1980 (42
U.S.C. 9611) is amended--
(1) in subsection (a) by striking ``For the purposes
specified'' and all that follows through ``for the following
purposes:'' and inserting the following: ``The amount in the
Hazardous Substance Superfund established under section 9507 of
the Internal Revenue Code of 1986 shall be available, without
further appropriation, to be used for the purposes specified in
this section. The President shall use such amount for the
following purposes:''; and
(2) in subsection (c)--
(A) by striking ``Subject to such amounts as are
provided in appropriations Acts, the'' each place it
appears and inserting ``The''; and
(B) in paragraph (12) by striking ``to the extent
that such costs'' and all that follows through ``and
1994''.
(b) Amendment to the Internal Revenue Code.--Section 9507 of the
Internal Revenue Code of 1986 is amended--
(1) by striking ``appropriated to'' in subsection (a)(1)
and inserting ``made available for'';
(2) by striking ``appropriated'' in subsection (b) and
inserting ``transferred'';
(3) by striking ``, as provided in appropriations Acts,''
in subsection (c)(1); and
(4) by striking ``December 31, 1995'' in subsection
(d)(3)(B) and inserting ``December 31, 2023''.
SEC. 3. BUDGETARY TREATMENT OF HAZARDOUS SUBSTANCE SUPERFUND.
Notwithstanding any other provision of law, the receipts and
disbursements of the Hazardous Substance Superfund established in
section 9507 of the Internal Revenue Code of 1986--
(1) shall not be counted as new budget authority, outlays,
receipts, or deficit or surplus for purposes of--
(A) the budget of the United States Government as
submitted by the President;
(B) the congressional budget (including allocations
of budget authority and outlays provided therein);
(C) the Balanced Budget and Emergency Deficit
Control Act of 1985; or
(D) the Statutory Pay-As-You-Go Act of 2010;
(2) shall be exempt from any general budget limitation
imposed by statute on expenditures and net lending (budget
outlays) of the United States Government; and
(3) shall be available only for the purposes specified in
section 111 of the Comprehensive Environmental Response,
Compensation, and Liability Act of 1980 (42 U.S.C. 9611).
SEC. 4. EXTENSION OF SUPERFUND TAXES.
(a) Excise Taxes.--Subsection (e) of section 4611 of the Internal
Revenue Code of 1986 is amended to read as follows:
``(e) Application of Hazardous Substance Superfund Financing
Rate.--The Hazardous Substance Superfund financing rate under this
section shall apply after December 31, 1986, and before January 1,
1996, and after the date of the enactment of the Superfund Reinvestment
Act and before January 1, 2024.''.
(b) Corporate Environmental Income Tax.--Subsection (e) of section
59A of such Code is amended to read as follows:
``(e) Application of Tax.--The tax imposed by this section shall
apply to taxable years beginning after December 31, 1986, and before
January 1, 1996, and to taxable years beginning after the date of the
enactment of the Superfund Reinvestment Act and before January 1,
2024.''.
(c) Technical Amendments.--
(1) Subsection (b) of section 4611 of such Code is
amended--
(A) by striking ``or exported from'' in paragraph
(1)(A);
(B) by striking ``or exportation'' in paragraph
(1)(B); and
(C) by striking ``and Exportation'' in the heading
thereof.
(2) Paragraph (3) of section 4611(d) of such Code is
amended--
(A) by striking ``or exporting the crude oil, as
the case may be'' and inserting ``the crude oil''; and
(B) by striking ``or exports'' in the heading
thereof.
SEC. 5. APPLICABILITY.
(a) In General.--Except as provided in subsections (b) and (c),
this Act (including the amendments made by this Act) shall apply to
fiscal years beginning after September 30, 2014.
(b) Excise Taxes.--The amendments made by sections 4(a) and 4(c)
shall take effect on the date of the enactment of this Act.
(c) Income Tax.--The amendment made by section 4(b) shall apply to
taxable years beginning after the date of the enactment of this Act.
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