S 5081
116th Congress
Senate
Environmental Protection
Big Oil Bailout Prevention Unlimited Liability Act of 2020
Introduced: December 21, 2020
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 21, 2020
Read twice and referred to the Committee on Environment and Public Works.
Dec 21, 2020
Introduced in Senate
Plain-English summary
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's happening now
Read twice and referred to the Committee on Environment and Public Works.
Committees of jurisdiction
1