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US HR1743

US HR1743
Big Oil Bailout Prevention Act of 2013


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

113th Congress

Bill Summary

Big Oil Bailout Prevention Act of 2013 - Amends the Oil Pollution Act of 1990 to remove the limit on liability (currently, the total of all removal costs plus $75 million) of a party responsible for an offshore facility except a deepwater port, from which oil is discharged into or upon navigable waters or adjoining shorelines.

AI Summary

This bill, titled the Big Oil Bailout Prevention Act of 2013, amends the Oil Pollution Act of 1990 to remove the existing liability limit for parties responsible for oil spills from offshore facilities, excluding deepwater ports, that discharge oil into navigable waters or adjoining shorelines. Previously, the limit was the total of all cleanup costs plus $75 million, but this bill aims to ensure that responsible parties pay the full cost of such spills, thereby preventing potential taxpayer bailouts for cleanup expenses.

Committee Categories

Transportation and Infrastructure

Sponsors (8)

Last Action

Referred to the Subcommittee on Coast Guard and Maritime Transportation. (on 04/26/2013)

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