Big Oil Bailout Prevention Unlimited Liability Act of 2016
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 12, 2016)
Big Oil Bailout Prevention Unlimited Liability Act of 2016
This bill amends the Oil Pollution Act of 1990 to revise requirements governing the liability of parties that are responsible for oil discharges from offshore facilities into navigable waters or adjoining shorelines. Currently, responsible parties are liable for the total of all removal costs plus $75 million. The bill: (1) removes the cap of $75 million on liability, and (2) makes the responsible parties liable for all covered damages. Covered damages includes damages for: (1) loss of natural resources, property, revenue, or profits; or (2) costs of providing increased public services during or after removal activities, such as fire protection.
What just happenedJul 12, 2016
Read twice and referred to the Committee on Environment and Public Works.
Who’s behind it
- Introduced in SenateJul 12, 2016
- Jul 12, 2016IntroReferral
Read twice and referred to the Committee on Environment and Public Works.
Environment and Public Works Committee - Jul 12, 2016IntroReferral10000
Introduced in Senate