Bill > S828

This bill, titled the "Big Oil Bailout Prevention Unlimited Liability Act of 2013," aims to amend the Oil Pollution Act of 1990 to ensure that those responsible for oil spills, referred to as "oil polluters" or "responsible parties," are held accountable for the entire cost of cleaning up and mitigating the damage caused by such incidents. Specifically, it proposes to remove a monetary cap on liability for offshore facilities, meaning that instead of a fixed amount like $75,000,000, the responsible party would be liable for the full extent of the damages as outlined in section 1002 of the Oil Pollution Act of 1990, which covers costs associated with oil spills. This change is intended to prevent situations where the cost of a spill exceeds the limited liability, potentially leaving taxpayers or the environment to bear the remaining financial burden.