Developers of independent power projects in foreign countries often try to set up the local-owner company to qualify as a partnership for U.S. tax purposes, even if the company is a corporation in...
PUHCA Companies: Caught By Superfund
present an imminent and substantial danger to health or welfare."
1986: Congress passes the Superfund Amendments and Reauthorization Act (SARA), raising the size of the Superfund Trust Fund from $1.6 billion to $8.5 billion. SARA also further empowered the EPA to enforce the Superfund provisions, while also encouraging voluntary settlements instead of litigation.
1998: EPA completes its 5,000th successful removal action under Superfund, at a drum reclamation plant in Missouri.
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