Sponsors (6)
The bill lowers per‑pump costs for taxpayers by ending the Hazardous Substance Superfund financing rate and creates a more predictable repayment mechanism, but it reduces a dedicated cleanup revenue stream and may shift costs to taxpayers or the federal budget while constraining EPA funding flexibility and timely cleanup work.
Taxpayers and drivers will pay less per gallon because the hazardous substance Superfund financing rate ends after Dec 31, 2025, reducing per‑pump costs tied to that rate.
State and local governments (and Treasury/EPA) gain a more predictable repayment mechanism because repayments under §9507 can be drawn quarterly from unobligated Fund balances rather than waiting for a single deadline.
Communities near contaminated sites and the public risk slower or reduced cleanup activity because ending the financing rate removes a dedicated revenue stream for the Superfund, potentially limiting remediation funding.
Taxpayers and the federal budget could face greater pressure because removing the dedicated rate may force Congress to replace lost Superfund revenue from general appropriations or increase taxpayer burden.
EPA program flexibility and other Fund obligations could be constrained because shifting §9507 repayments to quarterly draws from unobligated balances may tie up funds and delay other priorities, affecting hospitals, local governments, and program delivery.
Based on analysis of 2 sections of legislative text.
Ends the Hazardous Substance Superfund financing rate after Dec 31, 2025, and requires quarterly repayments from unobligated Fund balances until repaid.
Introduced February 12, 2026 by Mike Carey · Last progress February 12, 2026
Eliminates the Hazardous Substance Superfund financing rate after December 31, 2025, stopping that specific collection beginning in 2026. It also changes how the Fund is repaid by directing quarterly repayments from unobligated amounts in the Fund until outstanding amounts are repaid, with the repayment-change provision effective on enactment and the rate-termination provision effective January 1, 2026.