S 827
113th Congress
Senate
Environmental Protection
Accidents
Administrative law and regulatory procedures
Budget process
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 Trust Fund Act of 2013
Introduced: April 25, 2013
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 25, 2013
Read twice and referred to the Committee on Finance.
Apr 25, 2013
Introduced in Senate
Plain-English summary
Big Oil Bailout Prevention Trust Fund Act of 2013 - 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) the limitation on the borrowing authority of such Trust Fund.
Amends the Oil Pollution Act of 1990 to 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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1