IN THE SENATE OF THE UNITED STATES
May 4, 2010
Mr. Menendez (for himself, Mr. Nelson of Florida, Mr. Lautenberg, Mr. Cardin, Mr. Schumer, Mr. Whitehouse, and Mr. Sanders) introduced the following bill; which was read twice and referred to the Committee on Environment and Public Works
To amend the Oil Pollution Act of 1990 to require oil polluters to pay the full cost of oil spills, and for other purposes.
This Act may be cited as
Big Oil Bailout Prevention
Liability Act of 2010.
Limits on liability for offshore facilities
Section 1004(a)(3) of the Oil Pollution Act
of 1990 (33 U.S.C. 2704(a)(3)) is amended by striking
$75,000,000 and inserting
This Act and the amendments made by this Act take effect on April 15, 2010.