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© 2026 Govwatch

S4715Referred to Committee

A bill 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.

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-06-09
Introduced
1
Cosponsors
S
ⓘ
Type

Sponsor

Adam B. Schiff
Adam B. Schiff
Democrat · CA · Senator
Votes with party: 61.8% (322 recorded votes)

Full profile: /officials/S001150

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

  • Alex Padilla (D-CA)Original· 2026-06-09

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 →

Read twice and referred to the Committee on Energy and Natural Resources.

2026-06-09

Source: Congress.gov

Committee Activity

Currently in

  • Senate Committee on Energy and Natural ResourcesReferred To · 2026-06-09

Plain-English Summary

The bill would require offshore oil and gas companies operating on federal waters to meet certain safety and financial standards before being allowed to drill, 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 protect taxpayers from having to cover decommissioning costs if a company goes bankrupt or abandons its facilities. The measure affects oil and gas operators working in U.S. ocean waters.

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.

Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.

  • S4713A bill to amend title 28, United States Code, to prevent payouts for insurrectionists.
    Referred to Committee · 2026-06-09
  • S4697A bill to provide for design and safety requirements for autonomous and semi-autonomous weapon systems, and for other purposes.
    Referred to Committee · 2026-06-08
  • S4652A bill to amend the Agricultural Research, Extension, and Education Reform Act of 1998 to reauthorize the specialty crop research initiative and establish a specialty crop mechanization and automation research and development program, and for other purposes.
    Referred to Committee · 2026-06-02
  • S4661Ensuring Disaster Recovery and Resilience for Specialty Crops Act
    Referred to Committee · 2026-06-02