Big Oil Bailout Prevention Unlimited Liability Act of 2020
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Dec 21, 2020)
Big Oil Bailout Prevention Unlimited Liability Act of 2020
This bill revises 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 removes the cap of $75 million on liability and 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 21, 2020
Read twice and referred to the Committee on Environment and Public Works.
Who’s behind it
- Introduced in SenateDec 21, 2020
- Dec 21, 2020IntroReferral
Read twice and referred to the Committee on Environment and Public Works.
Environment and Public Works Committee - Dec 21, 2020IntroReferral10000
Introduced in Senate