Sec. 15. Elimination of exclusion of certain lenders as owners or operators under CERCLA

146 words·~1 min read·/bill/117/hr/2102/ih/section-15

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Section 101(20)(F) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ( 42 U.S.C. 9601(20)(F) ) is amended by adding at the end the following: The exclusions under clauses

(i)and

(ii)shall not apply to a person that is a lender that is— an investment company registered under the Investment Company Act of 1940 ( 15 U.S.C. 80a–1 et seq.), investment adviser (as defined in section 202(a) of the Investment Advisers Act of 1940 ( 15 U.S.C. 80b–2(a) )), or broker or dealer (as those terms are defined in section 3(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a) )) with $250,000,000,000 or more in assets under management; or a bank holding company (as defined in section 2 of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1841 )) with $10,000,000,000 or more in total consolidated assets. .

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U.S. Code

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15 USC 80a–1
15 USC 80b–2(a)

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Sec. 15

Elimination of exclusion of certain lenders as owners or operators under CERCLA

U.S.C.§ 9601

U.S.C.§ 78c

U.S.C.§ 1841

Cite15 USC 80a–1

Cite15 USC 80b–2(a)

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