US Congress House Bill 2768 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 19-0)
Status: Introduced on June 15 2015 - 25% progression, died in committee
Action: 2015-06-19 - Referred to the Subcommittee on Environment and the Economy.
Pending: House Subcommittee on Environment and the Economy Committee
Text: Latest bill text (Introduced) [PDF]

Superfund Reinvestment Act Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) to authorize the use of amounts in the Hazardous Substance Superfund for environmental cleanup costs authorized by such Act. Provides that receipts and disbursements of the Hazardous Substance Superfund: (1) shall not be counted as new budget authority, outlays, receipts, or deficit or surplus, 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) shall be exempt from any general budget limitations; and (3) shall be available only for the purposes specified in CERCLA. Amends the Internal Revenue Code to: (1) reinstate through December 31, 2024 and adjust for inflation annually after 2016, the Hazardous Substance Superfund financing rate and the corporate environmental income tax threshold amount; (2) extend the borrowing authority of the Superfund through 2024; and (3) modify the definition of "crude oil" for purposes of the excise tax on petroleum and petroleum products to include any bitumen or bituminous mixture, any oil derived from a bitumen or bituminous mixture (tar sands), and any oil derived from kerogen-bearing sources (oil shale).

Superfund Reinvestment Act

Rep. Earl Blumenauer [D-OR]	Rep. William Keating [D-MA]	Rep. Eleanor Norton [D-DC]	Rep. Raul Grijalva [D-AZ]
Rep. Luis Gutierrez [D-IL]	Rep. Don Beyer [D-VA]	Rep. Michael Honda [D-CA]	Rep. Louise Slaughter [D-NY]
Rep. Frank Pallone [D-NJ]	Rep. Bill Pascrell [D-NJ]	Rep. Gerald Connolly [D-VA]	Rep. Judy Chu [D-CA]
Rep. John Conyers [D-MI]	Rep. Adam Schiff [D-CA]	Rep. Matthew Cartwright [D-PA]	Rep. Jared Huffman [D-CA]
Rep. Jerry McNerney [D-CA]	Rep. Sander Levin [D-MI]	Rep. Mark Pocan [D-WI]

Date	Chamber	Action
2015-06-19	House	Referred to the Subcommittee on Environment and the Economy.
2015-06-16	House	Referred to the Subcommittee on Water Resources and Environment.
2015-06-15	House	Referred to House Budget
2015-06-15	House	Referred to House Energy and Commerce
2015-06-15	House	Referred to House Transportation and Infrastructure
2015-06-15	House	Referred to House Ways and Means
2015-06-15	House	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.
2015-06-15	House	Sponsor introductory remarks on measure. (CR E894)
2015-06-15	House	Introduced in House

HB2783 (Related) 2015-06-15 - Referred to the House Committee on Ways and Means.
SB2400 (Related) 2015-12-14 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/2768/all-info
Text	https://www.congress.gov/114/bills/hr2768/BILLS-114hr2768ih.pdf