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The new chemical excise tax is effective July 1, 2022, and is double the rate of the previous Superfund tax. The 2021 law also authorized $3.5 billion in emergency appropriations from the U.S. government general fund for hazardous site cleanups in the immediate future. [29]
The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA), also known as "Superfund", requires that the criteria provided by the Hazard Ranking System (HRS) be used to make a list of national priorities of the known releases or threatened releases of hazardous substances, pollutants, or contaminants in the United States. [2]
The liable parties have collectively spent more than $75 million on cleanup across four separate zones at the landfill. The thermal treatment system for soil contamination in Zone A of the Pasco ...
The tax took effect in 2022 and is set to collect up to $23 billion over the next five years, said Rep. Frank Pallone, a New Jersey Democrat who pushed for reinstatement of the tax in the 2021 law.
There are 19 Superfund sites in New Mexico.
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