Bill Details

HR.1264 - 119th Congress

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Status
  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Law
Latest action
2025-02-12 - Referred to the House Committee on Ways and Means.
Introduced Date
2025-02-12
Policy Area
Taxation
Committees
View committees (1)
5
0

AI Summary This summary was generated by AI from the bill text. AI can get information wrong.

This bill would change the Superfund chemical tax rules so that lead oxide, antimony, and sulfuric acid would no longer be taxed as “taxable chemicals.” In simple terms, the bill aims to lower costs for companies that make lead batteries in the United States. Supporters say the current tax makes American manufacturers less competitive because it raises the price of key materials used in domestic battery production.

  • The bill says the Superfund fee puts domestic battery makers at a disadvantage because imported batteries are not subject to the same tax on these chemicals.
  • It points to the lead battery industry as a major part of the U.S. economy, saying it supports more than 25,000 direct jobs in 38 states and has a yearly economic impact of $23.6 billion.
  • The bill also says lead batteries are widely recycled, with a 99 percent recycling rate, and are important for defense, transportation, logistics, telecommunications, and energy generation.
  • If passed, the law would remove lead oxide, antimony, and sulfuric acid from the list of chemicals covered by the Superfund excise tax in the tax code.

Official Summaries

USA Batteries Act

This bill eliminates the Superfund chemical excise tax imposed on lead oxide ($8.28 per ton), antimony ($8.90 per ton), and sulfuric acid ($0.52 per ton). 

Under current law, an excise tax is imposed through December 31, 2031, on taxable chemicals and taxable chemical substances that are (1) manufactured or produced in the United States, or (2) imported into the United States. The excise tax rate varies between $0.44 per ton to $9.74 per ton, depending on the chemical and certain other variables. (There are 42 listed taxable chemicals, including lead oxide, antimony, and sulfuric acid.)

Further, under current law, amounts collected from the excise tax on taxable chemicals are deposited into the Superfund, which finances the remediation of certain environmentally contaminated sites.

Current Full Text

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1264 Introduced in House (IH)]

<DOC>






119th CONGRESS
  1st Session
                                H. R. 1264

  To amend the Internal Revenue Code of 1986 to eliminate lead oxide, 
 antimony, and sulfuric acid as taxable chemicals under the Superfund 
                             excise taxes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 12, 2025

Mr. Meuser (for himself, Mr. Moolenaar, Mr. Nehls, Mr. Fitzpatrick, Ms. 
 Malliotakis, and Mr. Perry) introduced the following bill; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to eliminate lead oxide, 
 antimony, and sulfuric acid as taxable chemicals under the Superfund 
                             excise taxes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``USA Batteries Act''.

SEC. 2. FINDINGS.

    Congress finds the following:
            (1) The Superfund fee established in Public Law 117-58 
        makes American manufacturing less competitive by imposing a tax 
        on chemicals used in domestic battery production that is not 
        levied on imported batteries.
            (2) America's lead battery industry has a manufacturing 
        capacity of more than 165 GWh, a $23.6 billion domestic 
        economic impact annually, and creates more than 25,000 direct 
        jobs in 38 States.
            (3) Lead batteries have a 99 percent recycling rate and are 
        a truly sustainable energy storage technology.
            (4) Lead batteries are critical for many sectors, including 
        defense, transportation, logistics, telecommunications, and 
        energy generation.
            (5) Increased taxes on domestic production create a 
        disadvantage for American manufacturers and reduce the global 
        competitiveness of the domestic lead battery industry by 
        increasing the costs of key raw materials.

SEC. 3. ELIMINATION OF LEAD OXIDE, ANTIMONY, AND SULFURIC ACID AS 
              TAXABLE CHEMICALS UNDER SUPERFUND EXCISE TAXES.

    The table in section 4661(b) of the Internal Revenue Code of 1986 
is amended by striking the rows relating to lead oxide, antimony, and 
sulfuric acid.
                                 <all>