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United States · Bill · HR

H.R. 1182 (94th)

Offshore Oil Safety Act

referredUnited States· United States Congress· EN

Introduced

14 January 1975

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Offshore Oil Safety Act - Requires the Administrator of the Environmental Protection Agency to establish study and research programs to insure that the extraction and transportation of offshore oil shall not endanger the marine environment. Imposes an excise tax of 12 cents per barrel upon the extraction of oil from every offshore site. Establishes in the department of the Treasury an "Offshore Oil Safety Trust Fund". Provides that accounts in the trust fund shall be available for making expenditures to carry out this Act.

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Documents

1 official file

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Sources

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