US Congress House Bill 6413 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on November 30 2016 - 25% progression, died in committee
Action: 2016-11-30 - Referred to House Ways and Means
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Big Oil Bailout Prevention Trust Fund Act of 2016 This bill amends the Internal Revenue Code to eliminate: (1) the $1 billion per incident limitation on expenditures from the Oil Spill Liability Trust Fund for cleanup of oil spills, (2) the $500 million per incident limitation on expenditures from the trust fund for natural resource damage assessments and claims in connection with oil spills, and (3) the limitation on the borrowing authority of the trust fund. The bill also amends the Oil Pollution Act of 1990 to direct the President to promulgate regulations to allow advance payments from the Oil Spill Liability Trust Fund to states and localities to prepare for and mitigate substantial threats from the discharge of oil.

Big Oil Bailout Prevention Trust Fund Act of 2016

Rep. Frank Pallone [D-NJ]

Date	Chamber	Action
2016-11-30	House	Referred to House Ways and Means
2016-11-30	House	Referred to House Budget
2016-11-30	House	Referred to House Transportation and Infrastructure
2016-11-30	House	Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on the Budget, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2016-11-30	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/6413/all-info
Text	https://www.congress.gov/114/bills/hr6413/BILLS-114hr6413ih.pdf