Superfund Polluter Pays Restoration Act of 2021

II 117TH CONGRESS 1ST SESSION S. 2183 To amend the Internal Revenue Code of 1986 to reinstate the financing for the Hazardous Substance Superfund, and for other purposes. IN THE SENATE OF THE UNITED STATES JUNE 22, 2021 Mr. BOOKER (for himself, Mr. WHITEHOUSE, and Mr. MENENDEZ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to reinstate the financing for the Hazardous Substance Superfund, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Superfund Polluter 4 Pays Restoration Act of 2021’’. 5 VerDate Sep 11 2014 00:30 Jul 01, 2021 Jkt 019200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S2183.IS S2183 kjohnson on DSK79L0C42PROD with BILLS 2 •S 2183 IS SEC. 2. EXTENSION AND MODIFICATION OF SUPERFUND 1 EXCISE TAXES. 2 (a) EXTENSION.—Subsection (e) of section 4611 of 3 the Internal Revenue Code of 1986 is amended to read 4 as follows: 5 ‘‘(e) APPLICATION OF HAZARDOUS SUBSTANCE 6 SUPERFUND FINANCING RATE.—The Hazardous Sub- 7 stance Superfund financing rate under this section shall 8 apply after December 31, 1986, and before January 1, 9 1996, and after the date that is 60 days after the date 10 of the enactment of the Superfund Polluter Pays Restora- 11 tion Act of 2021.’’. 12 (b) MODIFICATION OF HAZARDOUS SUBSTANCE 13 SUPERFUND FINANCING RATE.— 14 (1) IN GENERAL.—Section 4611(c)(2)(A) of 15 such Code is amended by striking ‘‘9.7 cents’’ and 16 inserting ‘‘17.2 cents’’. 17 (2) INFLATION ADJUSTMENT.—Section 4611(c) 18 of such Code is amended by adding at the end the 19 following new paragraph: 20 ‘‘(3) ADJUSTMENT FOR INFLATION.— 21 ‘‘(A) IN GENERAL.—In the case of any 22 taxable year beginning after December 31, 23 2021, the amount under paragraph (2)(A) shall 24 be increased by an amount equal to— 25 ‘‘(i) such amount, multiplied by 26 VerDate Sep 11 2014 00:30 Jul 01, 2021 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S2183.IS S2183 kjohnson on DSK79L0C42PROD with BILLS 3 •S 2183 IS ‘‘(ii) the cost-of-living adjustment de- 1 termined under section 1(f)(3) for the cal- 2 endar year in which such taxable year be- 3 gins by substituting ‘calendar year 2020’ 4 for ‘calendar year 2016’ in subparagraph 5 (A)(ii) thereof. 6 ‘‘(B) ROUNDING.—If any increase deter- 7 mined under this paragraph is not a multiple of 8 0.1 cents, such increase shall be rounded to the 9 next lowest multiple of 0.1 cents.’’. 10 (c) MODIFICATION OF RATE OF TAX ON CERTAIN 11 CHEMICALS.—Section 4661(b) of the Internal Revenue 12 Code of 1986 is amended to read as follows: 13 ‘‘(b) AMOUNT OF TAX.— 14 ‘‘(1) IN GENERAL.—The amount of tax imposed 15 by subsection (a) shall be determined in accordance 16 with the following table: 17 ‘‘In the case of: The tax is the following amount per ton: Acetylene ................................................................. $12.01 Benzene ................................................................... 12.01 Butane .................................................................... 12.01 Butylene .................................................................. 12.01 Butadiene ................................................................ 12.01 Ethylene .................................................................. 12.01 Methane .................................................................. 8.49 Napthalene .............................................................. 12.01 Propylene ................................................................ 12.01 Toluene ................................................................... 12.01 Xylene ..................................................................... 12.01 Ammonia ................................................................. 6.51 Antimony ................................................................ 10.98 Antimony trioxide ................................................... 9.25 Arsenic .................................................................... 10.98 VerDate Sep 11 2014 00:30 Jul 01, 2021 Jkt 019200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\S2183.IS S2183 kjohnson on DSK79L0C42PROD with BILLS 4 •S 2183 IS ‘‘In the case of: The tax is the following amount per ton: Arsenic trioxide ....................................................... 8.41 Barium sulfide ........................................................ 5.67 Bromine .................................................................. 10.98 Cadmium ................................................................. 10.98 Chlorine .................................................................. 6.66 Chromium ............................................................... 10.98 Chromite ................................................................. 3.75 Potassium dichromate ............................................ 4.17 Sodium dichromate ................................................. 4.61 Cobalt ...................................................................... 10.98 Cupric sulfate ......................................................... 4.61 Cupric oxide ............................................................ 8.86 Cuprous oxide ......................................................... 9.79 Hydrochloric acid .................................................... 0.72 Hydrogen fluoride ................................................... 10.43 Lead oxide .............................................................. 10.21 Mercury ................................................................... 10.98 Nickel ...................................................................... 10.98 Phosphorus ............................................................. 10.98 Stannous chloride ................................................... 7.03 Stannic chloride ...................................................... 5.23 Zinc chloride ........................................................... 5.48 Zinc sulfate ............................................................. 4.69 Potassium hydroxide ............................................... 0.54 Sodium hydroxide ................................................... 0.69 Sulfuric acid ........................................................... 0.64 Nitric acid ............................................................... 0.59. ‘‘(2) ADJUSTMENT FOR INFLATION.— 1 ‘‘(A) IN GENERAL.—In the case of any 2 taxable year beginning after December 31, 3 2021, each of the dollar amounts in the table 4 in paragraph (1) shall be increased by an 5 amount equal to— 6 ‘‘(i) such amount, multiplied by 7 ‘‘(ii) the cost-of-living adjustment de- 8 termined under section 1(f)(3) for the cal- 9 endar year in which such taxable year be- 10 gins by substituting ‘calendar year 11 VerDate Sep 11 2014 00:30 Jul 01, 2021 Jkt 019200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\S2183.IS S2183 kjohnson on DSK79L0C42PROD with BILLS 5 •S 2183 IS 202020’ for ‘calendar year 2016’ in sub- 1 paragraph (A)(ii) thereof. 2 ‘‘(B) ROUNDING.—If any increase deter- 3 mined under this paragraph is not a multiple of 4 $0.01, such increase shall be rounded to the 5 next lowest multiple of $0.01.’’. 6 (d) EFFECTIVE DATE.—The amendments made by 7 this section shall apply to oil and petroleum products re- 8 ceived or entered during calendar quarters beginning more 9 than 60 days after the date of the enactment of this Act. 10 SEC. 3. CLARIFICATION OF DEFINITION OF CRUDE OIL FOR 11 EXCISE TAX PURPOSES. 12 (a) DEFINITION OF CRUDE OIL.—Paragraph (1) of 13 section 4612(a) of the Internal Revenue Code of 1986 is 14 amended to read as follows: 15 ‘‘(1) CRUDE OIL.—The term ‘crude oil’ includes 16 crude oil condensates, natural gasoline, any bitumen 17 or bituminous mixture, any oil derived from a bitu- 18 men or bituminous mixture (including oil derived 19 from tar sands), and any oil derived from kerogen- 20 bearing sources (including oil derived from oil 21 shale).’’. 22 (b) EFFECTIVE DATE.—The amendment made by 23 this section shall apply to oil and petroleum products re- 24 VerDate Sep 11 2014 00:30 Jul 01, 2021 Jkt 019200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6201 E:\BILLS\S2183.IS S2183 kjohnson on DSK79L0C42PROD with BILLS 6 •S 2183 IS ceived or entered during calendar quarters beginning more 1 than 60 days after the date of the enactment of this Act. 2 SEC. 4. USE OF HAZARDOUS SUBSTANCE SUPERFUND FOR 3 CLEANUP. 4 (a) AVAILABILITY OF AMOUNTS.—Section 111 of the 5 Comprehensive Environmental Response, Compensation, 6 and Liability Act of 1980 (42 U.S.C. 9611) is amended— 7 (1) in subsection (a) by striking ‘‘For the pur- 8 poses specified’’ and all that follows through ‘‘for 9 the following purposes:’’ and inserting the following: 10 ‘‘The amount in the Hazardous Substance Super- 11 fund established under section 9507 of the Internal 12 Revenue Code of 1986 shall be available, without 13 further appropriation, to be used for the purposes 14 specified in this section. The President shall use 15 such amount for the following purposes:’’; and 16 (2) in subsection (c)— 17 (A) by striking ‘‘Subject to such amounts 18 as are provided in appropriations Acts, the’’ 19 each place it appears and inserting ‘‘The’’; and 20 (B) in paragraph (12) by striking ‘‘to the 21 extent that such costs’’ and all that follows 22 through ‘‘and 1994’’. 23 VerDate Sep 11 2014 00:30 Jul 01, 2021 Jkt 019200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6201 E:\BILLS\S2183.IS S2183 kjohnson on DSK79L0C42PROD with BILLS 7 •S 2183 IS (b) AMENDMENT TO THE INTERNAL REVENUE 1 CODE.—Section 9507 of the Internal Revenue Code of 2 1986 is amended— 3 (1) in subsection (c)(1)— 4 (A) by striking ‘‘, as provided in appro- 5 priations Acts,’’; and 6 (B) by striking ‘‘the Superfund Amend- 7 ments and Reauthorization Act of 1986’’ in 8 subparagraph (A)(i) thereof and inserting ‘‘the 9 Superfund Polluter Pays Restoration Act of 10 2021’’; and 11 (2) in subsection (d)(3), by striking subpara- 12 graph (B) and redesignating subparagraph (C) as 13 subparagraph (B). 14 Æ VerDate Sep 11 2014 00:30 Jul 01, 2021 Jkt 019200 PO 00000 Frm 00007 Fmt 6652 Sfmt 6301 E:\BILLS\S2183.IS S2183 kjohnson on DSK79L0C42PROD with BILLS