SB 551:
Assessing Oil & Gas Cleanup Costs
Requires oil and gas operators to demonstrate to the state their ability to pay for the cleanup of oil and gas wells and production facilities. This allows the state to adequately assess the total cost of liabilities and avoid entering billions in liabilities without a plan.
Bill info from the legislature
Issues:
Oil & Gas
Supported
Status:
Passed Assembly 50-17
Passed Senate 29-11
Signed by Governor Newsom
Votes Scored
| Vote | Date | Status | |
|---|---|---|---|
| SB 551 | Senate Natural Resources & Water Committee | 4/23/19 | Passed |
| SB 551 | Senate Floor | 5/29/19 | Passed |
| SB 551 | Assembly Natural Resources | 7/8/19 | Passed |
| SB 551 | Assembly Floor | 9/10/19 | Passed |
| SB 551 | Senate Concurrence | 9/12/19 | Passed |