United States · Bill · S
S. 827 (113th)
Big Oil Bailout Prevention Trust Fund Act of 2013
Introduced
25 April 2013
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
12 August 2025
Summary
Big Oil Bailout Prevention Trust Fund Act of 2013 - Amends the Internal Revenue Code to eliminate: (1) the $1 billion per incident limitation on expenditures from the Oil Spill Liability Trust Fund for cleanup of oil spills, and (2) the limitation on the borrowing authority of such Trust Fund. Amends the Oil Pollution Act of 1990 to direct the President to promulgate regulations to allow advance payments from the Oil Spill Liability Trust Fund to states and localities to prepare for and mitigate substantial threats from the discharge of oil.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 25 April 2013
Introduced in Senate (PDF)
Introduced in Senate · EN · 25 April 2013
Introduced in Senate
summary · EN · 25 April 2013
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/113th-congress/senate-bill/827
- Open data entity: https://api.congress.gov/v3/bill/113/s/827