S. 3165
Referred to CommitteeBig Oil Bailout Prevention Unlimited Liability Act of 2016
Latest Action
Read twice and referred to the Committee on Environment and Public Works.
7/12/2016 • Senate
Summary
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.
Introduced in Senate • 7/12/2016
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Sponsor & Cosponsors (11)
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Sponsor
Cosponsors (10)
Bill Journey
Originated in the Senate
Introduced
July 12, 2016
Read twice and referred to the Committee on Environment and Public Works.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law