2002 CPEO Brownfields List Archive

From: CPEO Moderator <cpeo@cpeo.org>
Date: 10 Jun 2002 18:55:30 -0000
Reply: cpeo-brownfields
Subject: [CPEO-BIF] Polluter Pays Bill Addresses Superfund Costs
Polluter Pays Bill Addresses Superfund Costs 

WASHINGTON, DC, June 7, 2002 (ENS) - A bipartisan group of senators is 
cosponsoring a bill to ensure that polluters will continue to pay for 
cleanup of the nation's most toxic waste sites, known as Superfund 
sites. U.S. Senators Barbara Boxer, a California Democrat, and Lincoln 
Chafee, a Rhode Island Republican who is chair and ranking member of the 
Superfund Subcommittee, unveiled the legislation today. 

The Bush administration announced earlier this year that it would not 
request a reauthorization of Superfund fees on oil and chemical 
companies. This fee, established in 1980, provides revenue to the 
Superfund Trust Fund, which ensured that polluters paid the bulk of 
Superfund cleanups. 

As a result of the administration's decision to turn away from the 
concept of "polluter pays," the lawmakers warn, the trust fund will be 
depleted by 2004. 

The Boxer-Chafee bill requires oil and chemical companies to once again 
pay the Superfund fee. The funds raised by the fee would go toward the 
Superfund trust fund, guaranteeing the fund's solvency. 

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