To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to limit the liability under that Act of commercial lending institutions acquiring facilities through foreclosure or similar means and corporate fiduciaries administering estates or trusts.

Summary

Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to provide that the term "owner or operator" does not include: (1) commercial lending institutions (banks, savings and loan associations, and trust companies) which acquire property to realize a security interest; and (2) a corporate fiduciary with legal title to property in order to administer an estate or trust.

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

Timeline

1. 25 April 1989

   Introduced

   Referred to the House Committee on Energy and Commerce.

   Source: IntroReferral

2. 25 April 1989

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 April 1989

   Introduced

   Introduced in House

   Source: IntroReferral

4. 8 May 1989

   Referred

   Referred to the Subcommittee on Transportation and Hazardous Materials.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 25 April 1989

  Open at official source

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Sponsors

• Rep. LaFalce, John J. [D-NY-29] · D · Sponsor
• Rep. Conte, Silvio O. [R-MA-1] · R · Cosponsor
• Rep. Valentine, Tim [D-NC-2] · D · Cosponsor
• Rep. Rhodes, John J., III [R-AZ-1] · R · Cosponsor
• Rep. Olin, James R. [D-VA-6] · D · Cosponsor
• Rep. Lagomarsino, Robert J. [R-CA-19] · R · Cosponsor
• Rep. McDade, Joseph M. [R-PA-10] · R · Cosponsor
• Rep. Rangel, Charles B. [D-NY-15] · D · Cosponsor
• Rep. Collins, Cardiss [D-IL-7] · D · Cosponsor
• Rep. Torres, Esteban Edward [D-CA-34] · D · Cosponsor
• Rep. Lancaster, H. Martin [D-NC-3] · D · Cosponsor
• Rep. Poshard, Glenn [D-IL-22] · D · Cosponsor
• Rep. Neal, Richard E. [D-MA-1] · D · Cosponsor
• Rep. Kaptur, Marcy [D-OH-9] · D · Cosponsor
• Sen. Kyl, Jon [R-AZ] · R · Cosponsor
• Rep. Engel, Eliot L. [D-NY-16] · D · Cosponsor
• Rep. Costello, Jerry F. [D-IL-12] · D · Cosponsor
• Rep. Shumway, Norman D. [R-CA-14] · R · Cosponsor
• Rep. Pashayan, Charles, Jr. [R-CA-17] · R · Cosponsor
• · hsif00 · Standing

Related records

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