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United States · Bill · S

S. 5081 (116th)

Big Oil Bailout Prevention Unlimited Liability Act of 2020

referredUnited States· United States Congress· EN

Introduced

21 December 2020

Last action

21 December 2020 · Introduced

Status

Read twice and referred to the Committee on Environment and Public Works.

Sponsors

Sen. Menendez, Robert [D-NJ], Sen. Booker, Cory A. [D-NJ], Sen. Blumenthal, Richard [D-CT], Sen. Reed, Jack [D-RI], Sen. Markey, Edward J. [D-MA], Sen. Klobuchar, Amy [D-MN], Sen. Feinstein, Dianne [D-CA], Sen. Merkley, Jeff [D-OR], Sen. Durbin, Richard J. [D-IL], Sen. Gillibrand, Kirsten E. [D-NY]

Subjects

Environment

Source updated

14 January 2025

Environment

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 21 December 2020

    Introduced

    Read twice and referred to the Committee on Environment and Public Works.

    Source: IntroReferral

  2. 21 December 2020

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 21 December 2020

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 21 December 2020

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 21 December 2020

    Open at official source

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Sponsors

Related records

Sources

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