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U.S. Department of Energy
Office of Scientific and Technical Information

Coast Guard

Technical Report ·
OSTI ID:5940869

In the wake of the Exxon Valdez oil spill in Alaska's Prince William Sound, Congress passed the Oil Pollution Act of 1990, thereby activating the Oil Spill Liability Trust Fund. This fund had been set up four years earlier with the proviso that no money could be spent until the enactment of comprehensive oil spill legislation. Passage of the Oil Pollution Act, which significantly expanded the nation's oil spill prevention and response activities, meant that funds became available to federal agencies for the cost of oil spill prevention and response activities. This report provides information on the fund's receipts and disbursements as of March 31, 1991, and the status of activities under way to fully implement the provisions of the Act concerning the fund, including the development of regulations.

Research Organization:
General Accounting Office, Washington, DC (United States). Resources, Community and Economic Development Div.
OSTI ID:
5940869
Report Number(s):
GAO/RCED-91-204
Country of Publication:
United States
Language:
English