114 S3165 IS: Big Oil Bailout Prevention Unlimited Liability Act of 2016 U.S. Senate 2016-07-12 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II114th CONGRESS2d SessionS. 3165IN THE SENATE OF THE UNITED STATESJuly 12, 2016Mr. Menendez (for himself, Mr. Markey, Mr. Reed, Mr. Durbin, Ms. Mikulski, Mr. Franken, Mr. Merkley, Mr. Whitehouse, Mr. Nelson, Mr. Peters, and Mr. Booker) introduced the following bill; which was read twice and referred to the Committee on Environment and Public WorksA BILLTo 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 2016.

2.

Removal of 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 plus $75,000,000 and inserting and the liability of the responsible party under section 1002.