H.R. 492: Big Oil Bailout Prevention Act of 2011
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H.R. 492: Big Oil Bailout Prevention Act of 2011
112th Congress · introduced 2011-01-26 · Environmental Protection · Latest: Referred to the Subcommittee on Coast Guard and Maritime Transportation.
federal
Follow this bill, step by step
- Where it came from: introduced 2011-01-26 · official record
- Who proposed it: Rep. Holt, Rush [D-NJ-12] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the Subcommittee on Coast Guard and Maritime Transportation. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Big Oil Bailout Prevention Act of 2011
Plain summary
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.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
Big Oil Bailout Prevention Act of 2011
Source: Congressional Research Service summary (Introduced in House)
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The strongest published arguments
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Alternatives
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Holt, Rush [D-NJ-12] · 24 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Frank Pallone, Jr. (D-NJ), John Garamendi (D-CA), Chellie Pingree (D-ME), Steve Cohen (D-TN), Jerrold Nadler (D-NY)
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-112hr492.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/112/hr>
Record fed-us-cong112-hr492 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112