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Code · BILL · 115th Congress · H.R. 1758 (Introduced in House) — To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to modify provisions relat... · Sec. 4

Sec. 4. Expanded eligibility for nonprofit organizations

148 words·~1 min read·/bill/115/hr/1758/ih/section-4·

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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. 4
Expanded eligibility for nonprofit organizations
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