HR 1264 · 119th CongressIn Committeecongress.gov ↗
Road to The Floor
How it worksIntroduced
In Committee
On The Floor
Passed a Chamber
Passed Congress
To President
Became Law
What this bill does
AI plain-language summaryThis bill would remove a special tax on three chemicals — lead oxide, antimony, and sulfuric acid — that are currently taxed when they are made in the United States or brought in from other countries. Right now, the government charges this tax on 42 different chemicals, and the money collected goes into a fund called the Superfund, which pays for cleaning up polluted sites. This bill would take these three specific chemicals off the list of taxed chemicals, while the tax on the other chemicals would stay in place through the end of 2031.
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