|Date:||Fri, 6 Aug 1999 09:19:12 -0700 (PDT)|
|Subject:||U.S. Superfund reform bill clears House committee|
For the complete article go to: http://biz.yahoo.com/rf/990805/bo2.html Thursday August 5, 8:21 pm Eastern Time U.S. Superfund reform bill clears House committee Reuters(Excerpts) WASHINGTON, Aug 5 - Legislation to reform the Superfund toxic waste removal program cleared the House Transportation and Infrastructure Committee Thursday, but the Clinton administration remains against portions of the bill. By a 69-2 vote, the panel approved the Recycle America's Land Act, with backers saying it encourages development of abandoned industrial sites, called Brownfields, lets states take a greater role in cleaning up hazardous sites, exempts ``innocent'' individuals and small businesses from Superfund liability and protects municipalities from litigation. ``We still have concerns about the legislation as it currently stands. We're concerned that it does away with the important principle of 'polluter pays','' said the EPA official, who wished to remain anonymous. The administration said there are also too many loopholes for large corporations and special interests to exploit, and key fees on large chemical companies have been cut, eliminating a source of revenue to pay for the program.
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