H.R.492 - Big Oil Bailout Prevention Act of 2011112th Congress (2011-2012)
|Sponsor:||Rep. Holt, Rush [D-NJ-12] (Introduced 01/26/2011)|
|Committees:||House - Transportation and Infrastructure|
|Latest Action:||01/27/2011 Referred to the Subcommittee on Coast Guard and Maritime Transportation. (All Actions)|
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Summary: H.R.492 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in House (01/26/2011)
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.