On the recordJuly 12, 2016
Mr. Chairman, I yield back the balance of my time. Ms. McCOLLUM. Mr. Chairman, we need in this day and age to make sure that the American taxpayer is protected. We have seen time and time again when environmental disasters happen and brownfields are left behind or what is going on in Flint, the taxpayer picks up the bill. I just really believe that this guidance is necessary to ensure that oil companies have the financial capability--that they have on the books the financial capability to properly decommission their Outer Continental Shelf facilities instead of abandoning them, leaving the American taxpayer to pay for the cleanup. Mr. Chairman, I oppose the amendment. I yield back the balance of my time. The Acting CHAIR. The question is on the amendment offered by the gentleman from Louisiana (Mr. Boustany). The amendment was agreed to. Amendment No. 45 Offered by Mr. Boustany The Acting CHAIR. It is now in order to consider amendment No. 45 printed in House Report 114-683.
