100 STAT. 1772
PUBLIC LAW 99-499—OCT. 17, 1986
26 USC 26 note. (c) EFFECTIVE DATE.—The amendments made by this section shall
, apply to taxable years beginning after December 31, 1986. SEC. 517. HAZARDOUS SUBSTANCE SUPERFUND. .;;Ti V;: j. (a) IN GENERAL.—Subchapter A of chapter 98 of the Internal Revenue Code of 1986 (relating to establishment of trust funds) is amended by adding after section 9506 the following new section; 26 USC 9507. "SEC. 9507. HAZARDOUS SUBSTANCE SUPERFUND. "(a) CREATION OF TRUST FUND.—There is established in the Treasury of the United States a trust fund to be known as the 'Hazardous Substance Superfund' (hereinafter in this section referred to as the 'Superfund'), consisting of such amounts as may be— "(1) appropriated to the Superfund as provided in this section, "(2) appropriated to the Superfund pursuant to section 517(b) Infra. of the Superfund Revenue Act of 1986, or "(3) credited to the Superfund as provided in section 9602(b). "0)) TRANSFERS TO SUPERFUND.—There are hereby appropriated to the Superfund amounts equivalent to— Ante, p. 1770. "(1) the taxes received in the Treasury under section 59A, 4611, 4661, or 4671 (relating to environmental tgixes), "(2) amounts recovered on behalf of the Superfund under the Comprehensive Environmental Response, Compensation, and 42 USC 9601 Liability Act of 1980 (hereinafter in this section referred to as note. 'CERCLA'), "(3) all moneys recovered or collected under section 33 USC 1321. 31 l(b)(6)(B) of the Clean Water Act, 42 USC 9601. "(4) penalties assessed under title I of CERCLA, and 42 USC 9607. "(5) punitive damages under section 107(c)(3) of CERCLA. "(c) EXPENDITURES FROM SUPERFUND.—
Ante, p. 1642.
Waste disposal.
42 USC 6925.
"(1) IN GENERAL.—Amounts in the Superfund shall be available, as provided in appropriation Acts, only for purposes of making expenditures— ' " ^ "(A) to carry out the purposes of— "(i) paragraphs (1), (2), (5), and (6) of section 111(a) of "' "' "^ CERCLA as in effect on the date of the enactment of ^ ^^'^ ' the Superfund Amendments and Reauthorization Act of 1986, •'"'- »^ "(ii) section 111(c) of CERCLA (as so in effect), other —; than paragraphs (1) and (2) thereof, and -' "(iii) section 11 Km) of CERCLA (as so in effect), or 3 "(B) hereafter authorized by a law which does not auc w> thorize the expenditure out of the Superfund for a general purpose not covered by subparagraph (A) (as so in effect). "(2) EXCEPTION FOR CERTAIN TRANSFERS, ETC., OF HAZARDOUS
SUBSTANCES.—No amount in the Superfund or derived from the or Superfund shall be available or used for the transfer or disposal of hazardous waste carried out pursuant to a cooperative agreement between the Administrator of the Environmental Protection Agency and a State if the following conditions apply—
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? "(A) the transfer or disposal, if made on December 13, Atf'i 1985, would not comply with a State or local requirement, "(B) the transfer is to a facility for which a final permit under section 3005(a) of the Solid Waste Disposal Act was 3. ' •; issued after January 1, 1983, and before November 1, 1984,
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