Elimination of exclusion of certain lenders as owners or operators under CERCLA
Title I — Elimination of fossil fuel subsidies
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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: (iii) Ineligible lenders The exclusions under clauses (i) and (ii) shall not apply to a person that is a lender that is— (I) an investment company registered under the Investment Company Act of 1940 (15 U.S.C. 80a–1 et seq.), an investment adviser (as defined in section 202(a) of the Investment Advisers Act of 1940 (15 U.S.C. 80b–2(a))), or a 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 (II) 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..