Big Oil Bailout Prevention Unlimited Liability Act of 2018 This bill amends the Oil Pollution Act of 1990 to revise 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: (1) removes the cap of $75 million on liability, and (2) 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.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Environment and Public Works.
Introduced in Senate
Read twice and referred to the Committee on Environment and Public Works.
Environmental Protection
AccidentsMarine and coastal resources, fisheriesMarine pollutionOil and gasPollution liabilityWater quality
A bill to amend the Oil Pollution Act of 1990 to require oil polluters to pay the full cost of oil spills, and for other purposes.
USA115th CongressS-3757| Senate
| Updated: 12/13/2018
Big Oil Bailout Prevention Unlimited Liability Act of 2018 This bill amends the Oil Pollution Act of 1990 to revise 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: (1) removes the cap of $75 million on liability, and (2) 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.