Referred to the House Committee on Ways and Means.
Summary
The bill adds a 45% excise tax on the sale of per‑ and poly‑fluoroalkyl substances (PFAS) and creates a tax credit equal to 25% of qualified costs for removing PFAS from public water systems. It targets manufacturers, producers, importers and water utilities, aiming to raise revenue and encourage cleanup of hazardous contamination. The measure responds to estimated billions in health and removal costs from PFAS pollution.
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