Big Oil Bailout Prevention Unlimited Liability Act of 2018
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Dec 13, 2018)
Big Oil Bailout Prevention Unlimited Liability Act of 2018
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. Under current law, 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 happenedDec 13, 2018
Read twice and referred to the Committee on Environment and Public Works.
Who’s behind it
- Introduced in SenateDec 13, 2018
- Dec 13, 2018IntroReferral
Read twice and referred to the Committee on Environment and Public Works.
Environment and Public Works Committee - Dec 13, 2018IntroReferral10000
Introduced in Senate