Senate committee to take up legislation earmarking BP fines for Gulf states

Date: Jun 28, 2011

Senate committee to take up legislation earmarking BP fines for Gulf states

WASHINGTON -- A Senate committee will soon take up legislation that would earmark 80 percent of any fines paid by BP for last year's oil spill to the Gulf states.

At a hearing today by a Senate Environment and Public Works Committee subcommittee, Sen. David Vitter, R-La., said the panel is now slated to take up the bill after the July 4th recess. Despite support from the Obama administration and Gulf state lawmakers, it's been a slow process to move the bill forward.

During the hearing, officials with the U.S. Fish and Wildlife Service and the National Oceanic and Atmospheric Administration said assessing the damage from the BP spill is processing but that it would another several years before a full evaluation is complete.

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