Summary: S.2944 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for S.2944. Bill summaries are authored by CRS.

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Introduced in Senate (09/17/2002)

Amends the Internal Revenue Code by: (1) reinstating the Hazardous Substance Superfund financing rate until October 1, 2012; (2) reinstating the Oil Spill Liability Trust Fund financing rate until October 1, 2012 and by prohibiting imposition of such rate if the unobligated balance in such Fund exceeds $5 (previously, $1) billion; (3) extending the Leaking Underground Storage Tank Trust Fund financing rate until October 1, 2012; and (4) reinstating the Corporate Environmental Income Tax until January 1, 2012.