Cover: The Financial Implications of Releasing Small Firms and Small-Volume Contributors from Superfund Liability

The Financial Implications of Releasing Small Firms and Small-Volume Contributors from Superfund Liability

Published 2000

by Lloyd Dixon

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Recent Congressional proposals to reform the federal Superfund program release potentially responsible parties (PRPs) that are small in size or only played a minor role at the site from liability for cleanup costs and transfer their cleanup costs of parties released to the Superfund Trust Fund. This report estimates the number of PRPs that would be released and the cleanup costs that would be transferred to the Fund by recent proposals. It also estimates the cost transferred to the Fund per firm released and the financial consequences for those PRPs that remain liable.

The research described in this report was performed under the auspices of RAND's Institute for Civil Justice program.

This report is part of the RAND monograph report series. The monograph/report was a product of RAND from 1993 to 2003. RAND monograph/reports presented major research findings that addressed the challenges facing the public and private sectors. They included executive summaries, technical documentation, and synthesis pieces.

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