[Congressional Record Volume 156, Number 86 (Wednesday, June 9, 2010)]
[Senate]
[Page S4749]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mr. REID:
  S. 3473. A bill to amend the Oil Pollution Act of 1990 to authorize 
advances from Oil Spill Liability Trust Fund for the Deepwater Horizon 
oil spill; considered and passed.
  Mr. REID. Mr. President, I ask unanimous consent that the text of the 
bill be printed in the Record.
  There being no objection, the text of the bill was ordered to be 
printed in the Record, as follows:

                                S. 3473

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. ADVANCES FROM OIL SPILL LIABILITY TRUST FUND FOR 
                   DEEPWATER HORIZON OIL SPILL.

       Section 6002(b) of the Oil Pollution Act of 1990 (33 U.S.C. 
     2752) is amended in the second sentence--
       (1) by inserting ``(1)'' after ``Coast Guard''; and
       (2) by inserting before the period at the end the 
     following: ``and (2) in the case of the discharge of oil that 
     began in 2010 in connection with the explosion on, and 
     sinking of, the mobile offshore drilling unit Deepwater 
     Horizon, may, without further appropriation, obtain 1 or more 
     advances from the Fund as needed, up to a maximum of 
     $100,000,000 for each advance, with the total amount of all 
     advances not to exceed the amounts available under section 
     9509(c)(2) of the Internal Revenue Code of 1986, and within 7 
     days of each advance, shall notify Congress of the amount 
     advanced and the facts and circumstances necessitating the 
     advance''.

     SEC. 2. BUDGETARY EFFECTS.

       The budgetary effects of this Act, for the purpose of 
     complying with the Statutory Pay-As-You-Go-Act of 2010, shall 
     be determined by reference to the latest statement titled 
     ``Budgetary Effects of PAYGO Legislation'' for this Act, 
     submitted for printing in the Congressional Record by the 
     Chairman of the Senate Budget Committee, provided that such 
     statement has been submitted prior to the vote on passage.
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