US Congress Senate Bill 3306 (Prior Session Legislation)

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May 4 2010 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]

Big Oil Bailout Prevention Trust Fund Act of 2010 - 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: and (2) restrictions on the borrowing authority of such Trust Fund. 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 2010

Sen Brown, Sherrod	Sen Kaufman, Edward E.	Sen Reed, Jack	Sen Feingold, Russell D.
Sen Whitehouse, Sheldon	Sen Gillibrand, Kirsten E.	Sen Cardin, Benjamin L.	Sen Sanders, Bernard
Sen Nelson, Bill	Sen Murray, Patty	Sen Leahy, Patrick J.	Sen Feinstein, Dianne
Sen Mikulski, Barbara A.	Sen Schumer, Charles E.	Sen Menendez, Robert	Sen Lautenberg, Frank R.
Sen Durbin, Richard	Sen Casey, Robert P., Jr.	Sen Merkley, Jeff

Date	Chamber	Action
2010-05-04		Read twice and referred to the Committee on Finance.

HB5214 (Related) 2010-05-06 - Referred to the Subcommittee on Water Resources and Environment.

Type	Source
Summary	http://thomas.loc.gov/cgi-bin/bdquery/z?d111:SN03306:@@@L&summ2=m&
Text	http://gpo.gov/fdsys/pkg/BILLS-111s3306is/pdf/BILLS-111s3306is.pdf