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USA Batteries Act
3/13/2025, 3:23 PM
Summary of Bill HR 1264
Lead oxide, antimony, and sulfuric acid are commonly used in various industries, but they can also pose serious health and environmental risks if not properly managed. By eliminating these chemicals from the list of taxable substances, the bill seeks to reduce the financial burden on businesses that use these chemicals while still ensuring that they are handled safely and responsibly.
This legislation has the potential to benefit both businesses and the environment by incentivizing the use of safer alternatives to these hazardous chemicals. It also aligns with efforts to promote sustainability and protect public health. Overall, Bill 119 HR 1264 represents a targeted and practical approach to addressing environmental concerns while also supporting economic growth.
Congressional Summary of HR 1264
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.
