One Hundred Eleventh Congress of the United States of America
2d Session
Begun and held at the City of Washington on Tuesday, the fifth day of January, two thousand and ten
S. 3473
AN ACT
To amend the Oil Pollution Act of 1990 to authorize advances from Oil Spill Liability Trust Fund for the Deepwater Horizon oil spill.
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—
by inserting (1)
after
Coast Guard
; and
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
.
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.
Speaker of the House of Representatives
Vice President of the United States and President of the Senate