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Text of the Big Oil Bailout Prevention Unlimited Liability Act of 2011

This bill was introduced on January 27, 2011, in a previous session of Congress, but was not enacted. The text of the bill below is as of Jan 27, 2011 (Introduced).

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Source: GPO

II

112th CONGRESS

1st Session

S. 214

IN THE SENATE OF THE UNITED STATES

January 27, 2011

introduced the following bill; which was read twice and referred to the Committee on Environment and Public Works

A BILL

To amend the Oil Pollution Act of 1990 to require oil polluters to pay the full cost of oil spills, and for other purposes.

1.

Short title

This Act may be cited as the Big Oil Bailout Prevention Unlimited Liability Act of 2011.

2.

Removal of limits on liability for offshore facilities

(a)

In general

Section 1004(a)(3) of the Oil Pollution Act of 1990 (33 U.S.C. 2704(a)(3)) is amended by striking plus $75,000,000 and inserting and the liability of the responsible party under section 1002.

(b)

Effective date

The amendment made by this section takes effect on April 15, 2010.