To amend the Outer Continental Shelf Lands Act to establish fitness to operate standards and decommissioning escrow accounts for offshore oil and gas operators, and for other purposes.
Sponsor

Full profile: /officials/M001241
Source: Congress.gov · FEC
Cosponsors (8)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
- Adelita S. Grijalva (D-AZ-7)Original· 2026-05-26
- Jared Huffman (D-CA-2)Original· 2026-05-26
- Maxine Dexter (D-OR-3)Original· 2026-05-26
- Yassamin Ansari (D-AZ-3)Original· 2026-05-26
- Julia Brownley (D-CA-26)· 2026-06-02
- Rashida Tlaib (D-MI-12)· 2026-06-02
- Salud O. Carbajal (D-CA-24)· 2026-06-02
- Ted Lieu (D-CA-36)· 2026-06-02
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Committee Activity
Currently in
- House Committee on Natural ResourcesReferred To · 2026-05-26
Plain-English Summary
The proposal would require offshore oil and gas companies to meet certain safety and financial standards before being allowed to operate in federal waters, and would require them to set aside money in escrow accounts to pay for cleaning up and removing their equipment when operations end. This aims to ensure companies have the financial resources to properly decommission their facilities and prevent taxpayers from footing the bill for cleanup costs. The measure would affect oil and gas operators working on the outer continental shelf off U.S. coasts.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
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