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Code · BILL · 115th Congress · H.R. 3017 (Received in Senate) — To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to reauthorize and improve... · Sec. 5

Sec. 5. Expanded eligibility for nonprofit organizations

219 words·~1 min read·/bill/115/hr/3017/rds/section-5

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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). . Section 104(k) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ( 42 U.S.C. 9604(k) ) is amended— in paragraph (3)— in subparagraph (A)(ii)— by striking or nonprofit organizations ; and by striking entity or organization and inserting eligible entity ; and in subparagraph (B)(ii)— by striking or other nonprofit organization ; and by striking or nonprofit organization ; and in paragraph (6)(A), by striking or nonprofit organizations .
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Sec. 5
Expanded eligibility for nonprofit organizations
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