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Big Oil Bailout Prevention Unlimited Liability Act of 2020

USA116th CongressS-5081| Senate 
| Updated: 12/21/2020
Robert Menendez

Robert Menendez

Democratic Senator

New Jersey

Cosponsors (9)
Dianne Feinstein (Democratic)Richard J. Durbin (Democratic)Edward J. Markey (Democratic)Jack Reed (Democratic)Kirsten E. Gillibrand (Democratic)Amy Klobuchar (Democratic)Cory A. Booker (Democratic)Jeff Merkley (Democratic)Richard Blumenthal (Democratic)

Environment and Public Works Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Dec 21, 2020
Introduced in Senate
Dec 21, 2020
Read twice and referred to the Committee on Environment and Public Works.
  • December 21, 2020
    Introduced in Senate


  • December 21, 2020
    Read twice and referred to the Committee on Environment and Public Works.

Environmental Protection

Related Bills

  • HR 116-7781: End Polluter Welfare Act of 2020
  • S 116-4887: End Polluter Welfare Act of 2020

Big Oil Bailout Prevention Unlimited Liability Act of 2020

USA116th CongressS-5081| Senate 
| Updated: 12/21/2020
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 21, 2020
Introduced in Senate
Dec 21, 2020
Read twice and referred to the Committee on Environment and Public Works.
  • December 21, 2020
    Introduced in Senate


  • December 21, 2020
    Read twice and referred to the Committee on Environment and Public Works.
Robert Menendez

Robert Menendez

Democratic Senator

New Jersey

Cosponsors (9)
Dianne Feinstein (Democratic)Richard J. Durbin (Democratic)Edward J. Markey (Democratic)Jack Reed (Democratic)Kirsten E. Gillibrand (Democratic)Amy Klobuchar (Democratic)Cory A. Booker (Democratic)Jeff Merkley (Democratic)Richard Blumenthal (Democratic)

Environment and Public Works Committee

Environmental Protection

Related Bills

  • HR 116-7781: End Polluter Welfare Act of 2020
  • S 116-4887: End Polluter Welfare Act of 2020
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted