Begich May Introduce Oil Spill Liability Bill Today or Tomorrow
Wednesday, August 04, 2010 at 4:42 pm
A Senate aide tells TWI that Sen. Mark Begich (D-Alaska) is considering whether to introduce today or tomorrow a bill on oil spill liability, though it is unclear whether Sen. Mary Landrieu (D-La.) — who has been a key part of negotiations on a liability compromise — will sign on as a co-sponsor of the legislation.
“He continues to work with Sen. Landrieu to see if they can agree on their issues. But he may introduce alone if necessary,” the aide said
The bill will include “four tiers of protection for taxpayers,” one of which will require oil companies to set up an escrow account through which victims of a spill would be compensated. Begich introduced escrow account legislation in June.
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