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Code · BILL · 113th Congress · S. 491 (Introduced in Senate) — To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to modify provisions relat... · Sec. 2

Sec. 2. Expanded eligibility for nonprofit organizations

146 words·~1 min read·/bill/113/s/491/is/section-2

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Section 104(k)(1) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (42 U.S.C. 9604(k)(1)) is amended— in subparagraph (G), by striking or after the semicolon; in subparagraph (H), by striking the period at the end and inserting a semicolon; and by adding at the end the following: an organization described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from taxation under section 501(a) of that Code; a limited liability corporation in which all managing members are organizations described in subparagraph
(I)or limited liability corporations whose sole members are organizations described in subparagraph (I); a limited partnership in which all general partners are organizations described in subparagraph
(I)or limited liability corporations whose sole members are organizations described in subparagraph (I); or a qualified community development entity (as defined in section 45D(c)(1) of the Internal Revenue Code of 1986). .
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Sec. 2
Expanded eligibility for nonprofit organizations
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