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United States · Bill · HR

H.R. 1450 (102nd)

To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 and the Resource Conservation and Recovery Act of 1976 to limit the liability under those Acts of fiduciaries and of lending institutions and other holding indicia of ownership primarily to protect a security interest in facilities subject to those Acts.

referredUnited States· United States Congress· EN

Introduced

14 March 1991

Last action

25 March 1991 · Referred

Status

Referred to the Subcommittee on Transportation and Hazardous Materials.

Sponsors

Rep. LaFalce, John J. [D-NY-29], Rep. Ireland, Andrew P. [R-FL-10], Rep. Slattery, Jim [D-KS-2], Rep. Smith, Neal Edward [D-IA-4], Rep. Skelton, Ike [D-MO-4], Rep. Mavroules, Nicholas [D-MA-6], Rep. Sisisky, Norman [D-VA-4], Rep. Olin, James R. [D-VA-6], Rep. Ray, Richard B. [D-GA-3], Rep. Lancaster, H. Martin [D-NC-3], Rep. Engel, Eliot L. [D-NY-16], Rep. Andrews, Robert E. [D-NJ-1], Rep. Scheuer, James H. [D-NY-8], Rep. Hall, Ralph M. [R-TX-4], Rep. Richardson, Bill [D-NM-3], Rep. Bruce, Terry L. [D-IL-19], Rep. McMillen, Thomas [D-MD-4], Rep. McDade, Joseph M. [R-PA-10], Rep. Slaughter, D. French, Jr. [R-VA-7], Rep. Meyers, Jan [R-KS-3], Rep. Combest, Larry [R-TX-19], Rep. Moorhead, Carlos J. [R-CA-22], Rep. Dannemeyer, William E. [R-CA-39], Rep. Oxley, Michael G. [R-OH-4], Rep. Callahan, Sonny [R-AL-1], Rep. McMillan, J. Alex [R-NC-9], Rep. Hefner, W. G. (Bill) [D-NC-8], Rep. Hubbard, Carroll, Jr. [D-KY-1], Rep. Frank, Barney [D-MA-4], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Lehman, Richard H. [D-CA-19], Rep. Kaptur, Marcy [D-OH-9], Rep. Sangmeister, George E. [D-IL-4], Rep. Parker, Mike [R-MS-4], Rep. Montgomery, G. V. (Sonny) [D-MS-3], Rep. Rahall, Nick J., II [D-WV-3], Rep. Hutto, Earl [D-FL-1], Rep. Hochbrueckner, George J. [D-NY-1], Rep. Taylor, Gene [D-MS-4], Rep. Laughlin, Greg [D-TX-14], Rep. Murphy, Austin J. [D-PA-20], Rep. Payne, Donald M. [D-NJ-10], Rep. Hughes, William J. [D-NJ-2], Rep. Matsui, Robert T. [D-CA-5], Rep. Traxler, Bob [D-MI-8], Rep. English, Glenn [D-OK-6], Rep. Oberstar, James L. [D-MN-8], Rep. Penny, Timothy J. [D-MN-1]

Subjects

Environment

Source updated

5 February 2024

Environment

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Summary

Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to exclude from the definition of "owner or operator," for purposes of limiting liability for releases of hazardous substances, a person who, without participating in the management of a vessel or facility, holds indicia of ownership primarily to protect a security interest in such vessel or facility. Defines "indicia of ownership" as an interest in a vessel or facility acquired either for: (1) securing payment of a loan or indebtedness or the performance of an obligation; or (2) protecting a security interest. Makes liable for any release or threatened release of a hazardous substance attributable to their activities: (1) any person who causes the transfer of a vessel or facility subject to a security interest; or (2) a fiduciary or trustee who acquires ownership or control of a vessel or facility. Makes conforming amendments to the Resource Conservation and Recovery Act of 1976.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 14 March 1991

    Introduced

    Referred to the House Committee on Energy and Commerce.

    Source: IntroReferral

  2. 14 March 1991

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 14 March 1991

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 25 March 1991

    Referred

    Referred to the Subcommittee on Transportation and Hazardous Materials.

    Source: Committee

Votes

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Versions

Documents

2 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN

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  • Introduced in House

    summary · EN · 14 March 1991

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

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Related records

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Sources

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