SECTION 1. REMEDIATION OF CONTAMINATED SEDIMENTS.

    (a) In General.--Title I of the Comprehensive Environmental 
Response, Compensation, and Liability Act of 1980 (42 U.S.C. 9601 et 
seq.) is amended by adding at the end the following:

``SEC. 127. REMEDIATION OF CONTAMINATED SEDIMENTS.

    ``(a) Sediment Quality Criteria.--
            ``(1) Establishment.--Not later than January 1, 2001, after 
        consultation with the States and Indian tribes, the 
        Administrator shall establish final numerical sediment quality 
        criteria for the 10 toxic, persistent, or bioaccumulative 
        substances that the Administrator determines are most likely to 
        adversely affect human health and the environment.
            ``(2) Review.--Every 3 years after the date on which 
        criteria are established under paragraph (1)--
                    ``(A) the Administrator shall review the list of 
                substances compiled under paragraph (1);
                    ``(B) after consultation with the States and Indian 
                tribes, add or remove substances from the list based on 
                the risks of adverse effects to human health and the 
                environment (including the risks of adverse 
                developmental, reproductive, and transgenerational 
                effects); and
                    ``(C) not later than 3 years after the date on 
                which a substance is added to the list under 
                subparagraph (B), establish final numerical sediment 
                quality criteria for the substance.
    ``(b) Revision of Hazard Ranking System.--
            ``(1) In general.--Not later than 30 months after the date 
        of enactment of this section, the Administrator shall revise 
        the hazard ranking system referred to in section 105(a)(8)(A) 
        to ensure that the hazard ranking system more accurately 
        assesses the risks to human health and the environment from 
        aquatic sites with contaminated sediments (as that term is 
        applied for the purposes of section 118(c)(7) of the Federal 
        Water Pollution Control Act (33 U.S.C. 1268(c)(7))).
            ``(2) Scope of assessment.--To ensure more accurate 
        assessments of health and environmental risks at aquatic sites 
        with contaminated sediments, the assessment referred to in 
        paragraph (1) shall not--
                    ``(A) include consideration of the costs of 
                carrying out response actions; or
                    ``(B) require identification of the source of a 
                release.
            ``(3) Transition provision.--The hazard ranking system in 
        effect on the date of enactment of this section shall continue 
        in effect until the effective date of the revised hazard 
        ranking system required by this subsection.
    ``(c) Expenditure of Funds for Response Actions.--
            ``(1) In general.--Notwithstanding any other provision of 
        law, for each fiscal year, the Administrator may expend up to 
        $300,000,000 of funds appropriated out of the Hazardous 
        Substance Superfund established under section 9507 of the 
        Internal Revenue Code of 1986 for the purposes of carrying out 
        response actions and other corrective actions at facilities 
        containing contaminated sediments (as that term is applied for 
        the purposes of section 118(c)(7) of the Federal Water 
        Pollution Control Act (33 U.S.C. 1268(c)(7))).
            ``(2) Priorities.--In expending funds under paragraph (1), 
        the Administrator shall give priority to facilities, a release 
        from which has adversely affected or could adversely affect 
        human health or the environment, in the following order:
                    ``(A) A facility in a watershed with respect to 
                which--
                            ``(i) a program has been or is being 
                        implemented that has significantly reduced or 
                        is significantly reducing or preventing the 
                        deposition into sediment of a persistent and 
                        bioaccumulative toxic substance from the 
                        watershed; and
                            ``(ii) a State or local government having 
                        jurisdiction over a portion of the watershed 
                        contributes 25 percent or more of the response 
                        costs.
                    ``(B) A facility in a watershed with respect to 
                which only subparagraph (A)(i) applies.
                    ``(C) A facility in a watershed with respect to 
                which only subparagraph (A)(ii) applies.
                    ``(D) A facility in a watershed with respect to 
                which subparagraph (A) does not apply.
    ``(d) Hazard Ranking System Scoring Package.--
            ``(1) Identification of facilities.--From the comprehensive 
        national survey of data regarding aquatic sediment quality 
        conducted under section 503(a) of the Water Resources 
        Development Act of 1992 (33 U.S.C. 1271(a)), the Administrator 
        shall identify the 20 facilities containing contaminated 
        sediments (as that term is applied for the purposes of section 
        118(c)(7) of the Federal Water Pollution Control Act (33 U.S.C. 
        1268(c)(7))) that are most likely to adversely affect human 
        health and the environment and that have not been the subject 
        of any Federal or State response action or other corrective 
        action.
            ``(2) Scoring package.--After identifying the facilities 
        under paragraph (1), the Administrator, not later than 3 years 
        after the date of enactment of this section, shall--
                    ``(A) prepare a comprehensive scoring package under 
                the hazard ranking system referred to in section 
                105(a)(8)(A) for each facility, unless a State or 
                remedial action planning committee objects to the 
                conduct of the assessment necessary for the scoring in 
                an area or watershed under the jurisdiction of the 
                State or committee; and
                    ``(B) report to Congress the results of each 
                scoring package prepared under subparagraph (A).''.
    (b) Criteria for Determining Priorities Among Releases.--Section 
105(a)(8)(A) of the Comprehensive Environmental Response, Compensation, 
and Liability Act of 1980 (42 U.S.C. 9605(a)(8)(A)) is amended by 
inserting before the semicolon at the end the following: ``, except 
that criteria and priorities under this paragraph shall not be based on 
the extent to which the President is able to identify 1 or more 
potentially responsible parties or 1 or more specific sources of a 
release''.
    (c) Inclusion in Report on Monitoring of Aquatic Sediment 
Quality.--Section 503(b)(2) of the Water Resources Development Act of 
1992 (33 U.S.C. 1271(b)(2)) is amended by adding at the end the 
following: ``Each report shall include information on all facilities 
containing contaminated sediments that are listed on the National 
Priorities List under section 105(a)(8)(B) of the Comprehensive 
Environmental Response, Compensation, and Liability Act of 1980 (42 
U.S.C. 9605(a)(8)(B)).''.
    (d) Report on Hazard Ranking System.--
            (1) In general.--Not later than 1 year after the date of 
        enactment of this Act, the Administrator shall submit to 
        Congress a report assessing the extent to which the hazard 
        ranking system referred to in section 105(a)(8)(A) of the 
        Comprehensive Environmental Response, Compensation, and 
        Liability Act of 1980 (42 U.S.C. 9605(a)(8)(A)) (as revised in 
        1990) has achieved the objectives specified in paragraphs (1) 
        and (2) of section 105(c) of that Act (42 U.S.C. 9605(c)).
            (2) Contents.--The report shall include a comprehensive 
        assessment of the number and type of aquatic facilities that 
        have been scored under the hazard ranking system (as revised in 
        1990) and the level of risk that the facilities pose to human 
        health and the environment.
Amends the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) to require the Administrator of the Environmental Protection Agency to establish final numerical sediment quality criteria for the ten toxic, persistent, or bioaccumulative substances that are most likely to adversely affect human health and the environment.  Provides for review and revision of the list of such substances every three years. 
Directs the Administrator to revise the hazard ranking system (part of the national hazardous substance response plan under CERCLA) to ensure that the system more accurately assesses the health and environmental risks from aquatic sites with contaminated sediments (as such term is applied under provisions of the Federal Water Pollution Control Act (Clean Water Act) dealing with contaminated sediments in the Great Lakes).  Prohibits such assessment from including consideration of costs of carrying out response actions or requiring identification of the source of a hazardous substance release. 
Authorizes the Administrator to expend up to $3 million per fiscal year out of the Hazardous Substance Superfund to carry out response and other corrective actions at facilities containing contaminated sediments (as such term is applied under the Clean Water Act provisions). 
Requires the Administrator, from the national survey of data regarding aquatic sediment quality conducted under the Water Resources Development Act of 1992, to identify the 20 facilities containing contaminated sediments (as such term is applied under the Clean Water Act provisions) that are most likely to adversely affect health and the environment and that have not been the subject of Federal or State response actions or other corrective actions.  Directs the Administrator to prepare and submit to the Congress a comprehensive scoring package under the hazard ranking system for each facility unless a State or remedial action planning committee objects to the assessment necessary for scoring in an area or watershed under its jurisdiction. 
Provides that criteria for determining priorities among hazardous substance releases for purposes of taking remedial action shall not be based on the extent to which the President can identify potentially responsible parties or specific sources of a release. 
Requires the Administrator to report to the Congress on the extent to which the hazard ranking system (as revised in 1990) has achieved certain objectives regarding accurate assessment of health and environmental risks posed by facilities and water contamination risks.
A bill to facilitate the remediation of contaminated sediments in the waters of the United States.