S. 5081 · 116th Congress
Big Oil Bailout Prevention Unlimited Liability Act of 2020
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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MenendezSponsor9 cosponsors · 9 D
D
Blumenthal
CB
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Booker
RD
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Durbin
DF
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Feinstein
KG
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Gillibrand
AK
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Klobuchar
EM
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Markey
JM
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Merkley
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Reed9 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Big Oil Bailout Prevention Unlimited Liability Act of 2020
Latest action (Dec 21, 2020): Read twice and referred to the Committee on Environment and Public Works.
Policy area: Environmental Protection · Origin: Senate · Introduced: Dec 21, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.