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S 5081 116th Congress Senate Environmental Protection

Big Oil Bailout Prevention Unlimited Liability Act of 2020

Introduced: December 21, 2020 See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 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
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 Plain-English summary Congressional Research Service

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 December 21, 2020

Read twice and referred to the Committee on Environment and Public Works.

 Related & companion bills 2
  • HR 7781 Related bill End Polluter Welfare Act of 2020
  • S 4887 Related bill End Polluter Welfare Act of 2020
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 7
D
Booker, Cory A.
New Jersey · Dec 21, 2020
 D
Durbin, Richard J.
Illinois · Dec 21, 2020
 D
Gillibrand, Kirsten E.
New York · Dec 21, 2020
 D
Klobuchar, Amy
Minnesota · Dec 21, 2020
 D
Markey, Edward J.
Massachusetts · Dec 21, 2020
 D
Merkley, Jeff
Oregon · Dec 21, 2020
 D
Reed, Jack
Rhode Island · Dec 21, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 5081: Big Oil Bailout Prevention Unlimited Liability Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-S-5081/
MLA
"S. 5081: Big Oil Bailout Prevention Unlimited Liability Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-5081/.
Bluebook (legal)
S. 5081, 116th Cong. (2026), https://openamerica.io/bill/116-S-5081/.
Markdown link
[S. 5081: Big Oil Bailout Prevention Unlimited Liability Act of 2020](https://openamerica.io/bill/116-S-5081/)
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