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Chemical Tax Repeal Act

H.R. 640 Rep. Beth Van Duyne (R-TX-24) In committee
Bill text PDF
  1. Introduced Jan 22
  2. Committee Jan 22
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Jan 22, 2025Next: House vote
644d ago Jan 22, 2025: Referred to the House Committee on Ways and Means.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
2companies, 9 filings
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Summary

Chemical Tax Repeal Act

Full summary3 paragraphs

This bill repeals the Hazardous Substance Superfund excise tax imposed on certain chemicals and chemical substances.

Under current law, an excise tax is imposed through December 31, 2031, on taxable chemicals and taxable chemical substances that are (1) manufactured or produced in the United States, or (2) imported into the United States. The excise tax rate varies between 44 cents per ton to $9.74 per ton, depending on the chemical and certain other variables. (There are 42 listed taxable chemicals and 151 listed taxable chemical substances.)

Further, under current law, amounts collected from the excise tax on taxable chemicals and taxable chemical substances are deposited into the Hazardous Substance Superfund, which finances the remediation of certain environmentally contaminated sites.

Library of Congress summary, Jan 22, 2025

Summary versions
  • Introduced in HouseJan 22, 2025

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.