To provide for the restoration of natural resources damaged by oil spills and hazardous substances.
Natural Resources Restoration Act of 1989 - Amends the Internal Revenue Code to delete the prohibition on the use of the Superfund to finance assessments by Federal or State trustees of damages to natural resources.
Requires that sums recovered by Federal and State natural resource trustees for damages to natural resources resulting from spills of oil or hazardous substances be retained by the trustee for use only to restore, replace, or acquire the equivalent of such natural resources.
Directs the President to promulgate regulations governing the assessment of damages for injury to, destruction of, or loss of natural resources resulting from a release of oil or hazardous substances.
Became Public Law No: 101-380.
Introduced in House
Introduced in House
Referred to the House Committee on Merchant Marine and Fisheries.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Energy and Commerce.
Referred to the House Committee on Public Works + Transportation.
See H.R.1465.
Referred to the Subcommittee on Transportation and Hazardous Materials.
Referred to the Subcommittee on Water Resources.
Executive Comment Requested from Commerce, Interior, and EPA.
Referred to the Subcommittee on Fisheries and Wildlife Conservation and the Environment.
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