1. Short title This Act may be cited as the Superfund Polluter Pays Act . 2. Extension of Superfund taxes (a) Excise taxes (1) In general Section 4611(e) of the Internal Revenue Code of 1986 is amended to read as follows: (e) Application of hazardous substance superfund financing rate The Hazardous Substance Superfund financing rate under this section shall apply after December 31, 1986, and before January 1, 1996, and after the date of the enactment of this subsection and before January 1, 2022. . (2) Technical amendments (A) Section 4611(b) of such Code is amended— (i) by striking or exported from in paragraph (1)(A), (ii) by striking or exportation in paragraph (1)(B), and (iii) by striking and exportation in the heading. (B) Section 4611(d)(3) of such Code is amended— (i) by striking or exporting the crude oil, as the case may be in the text and inserting the crude oil , and (ii) by striking or exports in the heading. (b) Corporate environmental income tax (1) Subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended to read as follows: VII Environmental tax Sec. 59A. Environmental tax. 59A. Environmental tax (a) Imposition of tax In the case of a corporation, there is hereby imposed (in addition to any other tax imposed by this subtitle) a tax equal to 0.12 percent of the excess of— (1) the modified alternative minimum taxable income of such corporation for the taxable year, over (2) $2,000,000. (b) Modified alternative minimum taxable income For purposes of this section, the term modified alternative minimum taxable income means alternative minimum taxable income (as defined in section 55(b)(2)) but determined without regard to— (1) the alternative tax net operating loss deduction (as defined in section 56(d)), and (2) the deduction allowed under section 164(a)(5). (c) Exception for RICs and REITs The tax imposed by subsection (a) shall not apply to— (1) a regulated investment company to which part I of subchapter M applies, and (2) a real estate investment trust to which part II of