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IIJA Reinstates Superfund Excise Tax on Chemical Substances

President Biden signed into law the IIJA, Public Law 117-58, 135 Stat. 429. Section 80201 of the IIJA reinstates the Superfund excise tax on certain chemical substances under Sections 4661 and 4671 of the Internal Revenue Code, effective July 1, 2022.

IIJA Reinstates Superfund Excise Tax on Chemical Substances

President Biden signed into law the IIJA, Public Law 117-58, 135 Stat. 429. Section 80201 of the IIJA reinstates the Superfund excise tax on certain chemical substances under Sections 4661 and 4671 of the Internal Revenue Code, effective July 1, 2022.

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