Page images
PDF
EPUB

E

standing marketable obligations of the United States with remaining periods to maturity comparable to the anticipated period during which the advance will be outstanding and shall be compounded annually.

(e) LIABILITY OF UNITED STATES LIMITED TO AMOUNT IN TRUST FUND.

(1) GENERAL RULE.-Any claim filed against the Superfund may be paid only out of the Superfund.

(2) COORDINATION WITH OTHER PROVISIONS.-Nothing in CERCLA or the Superfund Amendments and Reauthorization Act of 1986 (or in any amendment made by either of such Acts) shall authorize the payment by the United States Government of any amount with respect to any such claim out of any source other than the Superfund.

(3) ORDER IN WHICH UNPAID CLAIMS ARE TO BE PAID.—If at any time the Superfund has insufficient funds to pay all of the claims payable out of the Superfund at such time, such claims shall, to the extent permitted under paragraph (1), be paid in full in the order in which they were finally determined.

SECTION 517(b) OF SARA OF 1986

(b) AUTHORIZATION OF APPROPRIATIONS.-There is authorized to be appropriated, out of any money in the Treasury not otherwise appropriated, to the Hazardous Substance Superfund for fiscal year

(1) 1987, $250,000,000,
(2) 1988, $250,000,000,
(3) 1989, $250,000,000,
(4) 1990, $250,000,000,
(5) 1991, $250,000,000,
(6) 1992, $250,000,000,
(7) 1993, $250,000,000

(8) 1994, $250,000,000, and
(9) 1995, $250,000,000.[,]

plus for each fiscal year an amount equal to so much of the aggregate amount authorized to be appropriated under this subsection (and paragraph (2) of section 221(b) of the Hazardous Substance Response Act of 1980, as in effect before its repeal) as has not been appropriated before the beginning of the fiscal year involved.

PART II-LEAKING UNDERGROUND STORAGE TANK TRUST FUND AND ITS REVENUE SOURCES1

PART III-COORDINATION WITH OTHER

PROVISIONS OF THIS ACT

SEC. 531. COORDINATION.

Notwithstanding any provision of this Act not contained in this title, any provision of this Act (not contained in this title) which(1) imposes any tax, premium, or fee,

(2) establishes any trust fund, or

(3) authorizes amounts to be expended from any trust fund,

shall have no force or effect.

Part II of title V of SARA of 1986 (consisting of sections 521 and 522) amended sections 4081, 4041, and various other sections of the Internal Revenue Code of 1986 and added section 9508 (establishing a leaking underground storage tank trust fund) to such Code. However, those provisions have been amended extensively since enactment of SARA. See the Internal Revenue Code of 1986 for the current text of those provisions.

« PreviousContinue »