Big Oil Bailout Prevention Unlimited Liability Act of 2020

II 116TH CONGRESS 2D SESSION S. 5081 To amend the Oil Pollution Act of 1990 to require oil polluters to pay the full cost of oil spills, and for other purposes. IN THE SENATE OF THE UNITED STATES DECEMBER 21, 2020 Mr. MENENDEZ (for himself, Mr. BOOKER, Mr. BLUMENTHAL, Mr. REED, Mr. MARKEY, Ms. KLOBUCHAR, Mrs. FEINSTEIN, Mr. MERKLEY, Mr. DURBIN, and Mrs. GILLIBRAND) 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 pol- luters to pay the full cost of oil spills, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Big Oil Bailout Pre- 4 vention Unlimited Liability Act of 2020’’. 5 VerDate Sep 11 2014 00:08 Jan 11, 2021 Jkt 019200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S5081.IS S5081 kjohnson on DSK79L0C42PROD with BILLS 2 •S 5081 IS SEC. 2. REMOVAL OF LIMITS ON LIABILITY FOR OFFSHORE 1 FACILITIES. 2 Section 1004(a)(3) of the Oil Pollution Act of 1990 3 (33 U.S.C. 2704(a)(3)) is amended by striking ‘‘plus 4 $75,000,000’’ and inserting ‘‘and the liability of the re- 5 sponsible party under section 1002’’. 6 Æ VerDate Sep 11 2014 00:08 Jan 11, 2021 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S5081.IS S5081 kjohnson on DSK79L0C42PROD with BILLS