2025-05627Notice

Butyl Rubber Cousin Faces Superfund Tax Scrutiny Now

Published Date: 4/3/2025

Notice

Summary

A petition wants to add a special kind of rubber called isobutene-isoprene rubber to the list of chemicals that get a Superfund tax. If approved, companies making or using this rubber might pay new taxes to help clean up pollution. Right now, the government is asking for comments before making any decisions, so stay tuned!

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Rubber Listed as Taxable Substance?

A petition was filed asking that isobutene-isoprene rubber ((C4H8)n-(C5H8)m; n=99.10, m=0.90) be added to the list of taxable substances. If approved, companies that make or use this specific rubber might have to pay a new Superfund-related tax to help clean up pollution.

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Key Dates

Published Date
4/3/2025

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Internal Revenue Service
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