Big Oil Bailout Prevention Unlimited Liability Act of 2016
Sponsored By: Representative Pallone, Frank [D-NJ-6]
Unknown
Summary
Big Oil Bailout Prevention Unlimited Liability Act of 2016 This bill amends the Oil Pollution Act of 1990 to revise requirements governing the liability of parties that are responsible for oil discharges from offshore facilities into navigable waters or adjoining shorelines. Currently, responsible parties are liable for the total of all removal costs plus $75 million. The bill: (1) removes the cap of $75 million on liability, and (2) 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.
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Bill Overview
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Sponsors & CoSponsors
Sponsor
Pallone, Frank [D-NJ-6]
NJ • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
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