Congress·In Committee·H.R. 640

Chemical Tax Repeal Act

Chemical Tax Repeal

Jan 22, 2025·View on Congress.gov·Read full text

This bill is one vehicle in a longer effort. See the full story across every version.View effort →

Next up: A house committeeNo action in 17 months

This bill is currently in the early stages of the legislative process after being sent to the House Committee on Ways and Means. It is actively moving through the system, but no future votes or hearings have been scheduled yet. There is no companion bill mentioned for this legislation.

Legislative Progress

House

Senate

President

Law

Unlikely to pass

While this bill has support from some House members, it faces a tough path because it removes funding used to clean up toxic waste sites.

How we got here

This bill’s path across every version that has carried it.

Reintroduced
Reintroduced from H.R. 6454 (118th), which died when its Congress ended.
H.R. 6454 (118th) →

Key Points

This bill aims to get rid of federal taxes on dozens of chemicals and substances used in American manufacturing. These taxes were recently brought back to help pay for cleaning up polluted areas known as Superfund sites.
The plan would help chemical companies and manufacturers by lowering their tax bills. Supporters say this will help keep jobs in the United States and make it cheaper to produce everyday goods like plastics and cleaners.
The tax cut would be retroactive to January 1, 2024. This means businesses could potentially claim refunds for taxes they have already paid to the government over the past year.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Jan 22, 2025House

Referred to the House Committee on Ways and Means.

Jan 22, 2025

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

No votes or news coverage recorded for this bill yet.

Source Information

Document Type

Congressional Bill

Official Title

Chemical Tax Repeal Act

Bill NumberHR 640

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Ways and Means.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(9)

R: 9

Analysis generated by AI. Always verify with official sources.