H.R. 805 · 108th Congress

To amend the Internal Revenue Code of 1986 to clarify that certain settlement funds established under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 are beneficially owned by the United States and are not subject to tax.

Stage
In committee
Introduced
2003-02-13
Latest action
2003-02-13 · Introduced in House

Subjects

Taxation
Law
Finance and Financial Sector
Income tax
Environmental Protection
Refuse and refuse disposal
Hazardous wastes
Collection of accounts
Tax exemption
Bank accounts
Liability for environmental damages
Consent decrees