H.R. 492 · 112th Congress
Big Oil Bailout Prevention Act of 2011
- Stage
- In committee
- Sponsor
- Rush Holt
- Introduced
- 2011-01-26
- Latest action
- 2011-01-27 · Referred to the Subcommittee on Coast Guard and Maritime Transportation.
Summary
Big Oil Bailout Prevention Act of 2011 - Amends the Oil Pollution Act of 1990 to remove the limit on liability (currently, the total of all removal costs plus $75 million) of a party responsible for an offshore facility except a deepwater port, from which oil is discharged into or upon navigable waters or adjoining shorelines.
Makes this Act effective on April 15, 2010.