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HR 5214 111th Congress House Environmental Protection Accidents Administrative law and regulatory procedures Government trust funds Marine and coastal resources, fisheries Marine pollution Oil and gas Pollution liability State and local finance Water quality

Big Oil Bailout Prevention Act of 2010

Introduced: May 5, 2010 See on congress.gov
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 6, 2010
Referred to the Subcommittee on Water Resources and Environment.
May 6, 2010
Referred to the Subcommittee on Coast Guard and Maritime Transportation.
May 5, 2010
Referred to the House Committee on Transportation and Infrastructure.
May 5, 2010
Introduced in House
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 Plain-English summary Congressional Research Service

Big Oil Bailout Prevention Act of 2010 - Amends the Oil Pollution Act of 1990 to: (1) increase the liability of the party responsible for an offshore facility, except a deepwater port, from which oil is discharged into or upon navigable waters or adjoining shorelines to the total of all discharge removal costs plus $10 billion (currently, $75 million) for each incident; and (2) direct the President to promulgate regulations to allow advance payments from the Oil Spill Liability Trust Fund to states and localities to prepare for and mitigate substantial threats from the discharge of oil.

Amends the Internal Revenue Code to eliminate: (1) the $1 billion per incident limitation on expenditures from the Oil Spill Liability Trust Fund for cleanup of oil spills: and (2) restrictions on the borrowing authority of such Trust Fund.

Makes this Act effective on April 15, 2010.

What's happening now May 6, 2010

Referred to the Subcommittee on Water Resources and Environment.

 Related & companion bills 3
  • S 3305 Related bill Big Oil Bailout Prevention Unlimited Liability Act of 2010
  • S 3306 Related bill Big Oil Bailout Prevention Trust Fund Act of 2010
  • S 3472 Related bill Big Oil Bailout Prevention Unlimited Liability Act of 2010
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 31
All 31 Democratic 21
Arcuri, Michael
· Jul 1, 2010
Adler, John
· Jun 23, 2010
 D
Baldwin, Tammy
Wisconsin · Jun 23, 2010
 D
Peters, Gary C.
Michigan · Jun 23, 2010
Giffords, Gabrielle
· Jun 15, 2010
 D
Johnson, Henry C. "Hank"
Georgia · Jun 15, 2010
 D
Courtney, Joe
Connecticut · Jun 10, 2010
Ellsworth, Brad
· May 28, 2010
 D
Matsui, Doris O.
California · May 28, 2010
 D
Norton, Eleanor Holmes
District of Columbia · May 28, 2010
 D
DeLauro, Rosa L.
Connecticut · May 26, 2010
 D
McCollum, Betty
Minnesota · May 26, 2010
Sestak, Joe
· May 26, 2010
 D
Nadler, Jerrold
New York · May 24, 2010
 D
Van Hollen, Chris
Maryland · May 24, 2010
 D
Waters, Maxine
California · May 24, 2010
 D
Cohen, Steve
Tennessee · May 20, 2010
 D
Green, Al
Texas · May 20, 2010
 D
Tonko, Paul
New York · May 18, 2010
 D
McGovern, James P.
Massachusetts · May 13, 2010
 D
Pingree, Chellie
Maine · May 13, 2010
 D
Garamendi, John
California · May 11, 2010
Klein, Ron
· May 11, 2010
 D
Wasserman Schultz, Debbie
Florida · May 11, 2010
 D
Castor, Kathy
Florida · May 6, 2010
Hall, John
· May 6, 2010
Hare, Phil
· May 6, 2010
 D
Hirono, Mazie K.
Hawaii · May 6, 2010
Hodes, Paul
· May 5, 2010
Kosmas, Suzanne
· May 5, 2010
 D
Pallone, Frank
New Jersey · May 5, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5214: Big Oil Bailout Prevention Act of 2010. 111th Congress. Open America. https://openamerica.io/bill/111-HR-5214/
MLA
"H.R. 5214: Big Oil Bailout Prevention Act of 2010." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-5214/.
Bluebook (legal)
H.R. 5214, 111th Cong. (2026), https://openamerica.io/bill/111-HR-5214/.
Markdown link
[H.R. 5214: Big Oil Bailout Prevention Act of 2010](https://openamerica.io/bill/111-HR-5214/)
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