To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to limit the liability under that Act of commercial lending institutions acquiring facilities through foreclosure or similar means and corporate fiduciaries administering estates or trusts.

Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to provide that the term "owner or operator" does not include: (1) commercial lending institutions (banks, savings and loan associations, and trust companies) which acquire property to realize a security interest; and (2) a corporate fiduciary with legal title to property in order to administer an estate or trust.