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, 2024. . (2) Rate of tax adjusted for inflation (A) In general Section 4611(c)(2)(A) of such Code is amended by striking 9.7 cents and inserting 16.3 cents . (B) Continued adjustment for inflation Section 4611(c) of such Code is amended by adding at the end the following new paragraph: (3) Inflation adjustment (A) In general In the case of a calendar year beginning after 2019, the 16.3 cents amount in paragraph (2)(A) shall be increased by an amount equal to— (i) such dollar amount, multiplied by (ii) the cost-of-living adjustment determined under section 1(f)(3) for such calendar year, determined by substituting calendar year 2018 for calendar year 2016 in subparagraph (A)(ii) thereof. (B) Rounding If any amount as adjusted under subparagraph (A) is not a multiple of 0.1 cents, such amount shall be rounded to the nearest multiple of 0.1 cents. . (3) 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 by adding at the end the following new part: VIII Environmental Tax Sec. 59B. Environmental Tax. 59B. Environmental tax (a) Imposition of tax In