The American Chemistry Council has hired two new firms this month to lobby on taxes, including Superfund taxes, lobbying disclosure documents show.
The firm hired a five-lobbyist team from Williams and Jensen that includes firm chairman and chief executive officer J. Steven Hart. Last week, Michael Steinberg, a senior counsel at Morgan, Lewis & Bockius who specializes in Superfund issues, registered to lobby for the council on Superfund taxes.
President Barack Obama has called for reinstating Superfund taxes, a tax on petroleum, chemicals and large corporations that provided a pool of money for cleaning up Superfund sites. The taxes expired in 1995. Congress would have to take action. A spokeswoman for the American Chemistry Council said at least four Superfund tax bills have been filed in Congress. The American Chemistry Council opposes the tax.
In the issue brief, the group said that if the tax is reinstated, estimated costs to the chemical industry would be an estimated $328 million in 2011 and would rise to $2.8 billion over 10 years.