superfund

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superfund

noun environmental clean-up, Federal program to restore environmentally unsound sites, fund to reclaim the environment, mechanism to fund the environnent, reserve for environment contingenciesGenerally: fund for repairs, reserves for removing wastes
References in periodicals archive ?
Statement of Position 96-1, Environmental Remediation Liabilities, summarizes the regulatory process with regard to the Superfund Act (AICPA, 1996).
Under the Superfund act, "even after you clean up the site, a potentially responsible party is still liable for damage to wildlife, natural resources and habitat," Mintzer said.
However, until now there has been little reliable statistical analysis of the allocation of the economic burdens created by the Superfund Act.
Risk managers can influence the outcome of the current Superfund reform efforts embodied in proposals such as the Reform of Superfund Act of 1995 (H.
2500, the Reform of Superfund Act of 1995 and ordered the measure reported to full committee.

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