HR 2674 United States House · 117th Congress

Superfund Reinvestment Act

Summary

Superfund Reinvestment Act This bill authorizes the use of amounts in the Hazardous Substance Superfund for environmental cleanup costs under the Superfund program (which provides funding to clean up sites contaminated with hazardous substances). Receipts and disbursements of the Hazardous Substance Superfund must (1) not be counted for purposes of the President's budget, the congressional budget, the Balanced Budget and Emergency Deficit Control Act of 1985, or the Statutory Pay-As-You-Go Act of 2010; (2) be exempt from general budget limitations imposed by statute on expenditures and net lending (budget outlays); and (3) be available only for the allowable uses specified for the Superfund. This bill (1) reinstates and adjusts for inflation annually after 2021, the Hazardous Substance Superfund financing rate and the corporate environmental income tax threshold amount; and (2) extends the borrowing authority of the Superfund through 2029.

Bill status in committee 1 of 4 stages cleared

Introduction

Apr 2021

Committee Review

Floor Vote

President

Introduced Apr 20, 2021 Last action Apr 21, 2021

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 21, 2021

Committee

Referred to the Subcommittee on Environment and Climate Change.

lower

Apr 21, 2021

Committee

Referred to the Subcommittee on Water Resources and Environment.

lower

Apr 20, 2021

Committee

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.

lower

Apr 20, 2021

Introduced

Introduced in House

lower

1 primary · 26 co-sponsors