Superfund Polluter Pays Restoration Act of 2021

The Superfund Polluter Pays Restoration Act of 2021 aims to shift the financial burden of cleaning up the nation’s most contaminated hazardous waste sites from taxpayers back to the industries responsible for the pollution. It achieves this by reinstating and increasing excise taxes on crude oil and certain chemicals, while expanding the definition of taxable oil to include products like tar sands and oil shale. Additionally, the bill would allow the Environmental Protection Agency to access these funds directly for environmental cleanup projects without needing further approval from Congress, potentially accelerating the remediation of toxic sites in communities across the country.