- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on FinanceIntroducedMay 5th, 2010
- senate Committees
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Oil Spill Liability Trust Fund Improvement Act of 2010
A bill to amend the Internal Revenue Code of 1986 to modify the rate of tax for the Oil Spill Liability Trust Fund.
Oil Spill Liability Trust Fund Improvement Act of 2010 - Amends the Internal Revenue Code to permanently increase the Oil Spill Liability Trust Fund financing rate to 9 cents a barrel. Suspends such financing rate in any calendar quarter in which the unobligated balance in the Oil Spill Liability Trust Fund is greater than $10 billion.