Page:United States Statutes at Large Volume 104 Part 1.djvu/599

 PUBLIC LAW 101-380—AUG. 18, 1990 104 STAT. 565 Subtitle A—Improvements to Trans-Alaska Pipeline System SEC. 8101. LIABILITY WITHIN THE STATE OF ALASKA AND CLEANUP EFFORTS. (a) CAUSE OF ACCIDENT.— Section 204(a)(1) of the Trans-Alaska Pipeline Authorization Act (43 U.S.C. 1653(a)(1)) is amended by striking out "caused by" in the first sentence and inserting in lieu thereof "caused solely by". (b) LIMITATION OF LIABILITY,—Section 204(a)(2) of the Trans-Alaska Pipeline Authorization Act (43 U.S.C. 1653(a)(2)) is amended by striking "$50,000,000" each place it occurs and inserting in lieu thereof "$350,000,000". (c) CLEANUP EFFORTS.— Section 204(b) of the Trans-Alaska Pipeline Authorization Act (43 U.S.C. 1653(b)) is amended in the first sentence— (1) by inserting after "any area" the following: "in the State of Alaska"; (2) by inserting after "any activities" the following: "related to the Trans-Alaska Pipeline System, including operation of the terminal,"; and (3) by inserting after "other Federal" the first place it appears the following: "or State". SEC. 8102. TRANS-ALASKA PIPELINE LIABILITY FUND. (a) TERMINATION OF CERTAIN PROVISIONS. — (1) REPEAL.—Section 204(c) of the Trans-Alaska Pipeline Authorization Act (43 U.S.C. 1653(c)) is repealed, effective as provided in paragraph (5). (2) DISPOSITION OF FUND BALANCE.— 43 USC 1653 (A) RESERVATION OF AMOUNTS. — The trustees of the "°*^- Trans-Alaska Pipeline Liability Fund (hereafter in this subsection referred to as the "TAPS Fund") shall reserve the following amounts in the TAPS Fund— (i) necessary to pay claims arising under section 204(c) of the Trans-Alaska Pipeline Authorization Act (43 U.S.C. 1653(c)); and (ii) administrative expenses reasonably necessary for and incidental to the implementation of section 204(c) of that Act. (B) DISPOSITION OF THE BALANCE. —After the Comptroller General of the United States certifies that the requirements of subparagraph (A) have been met, the trustees of the TAPS Fund shall dispose of the balance in the TAPS Fund after the reservation of amounts are made under subparagraph (A) by— (i) rebating the pro rata share of the balance to the State of Alaska for its contributions as an owner of oil; and then (ii) transferring and depositing the remainder of the balance into the Oil Spill Liability Trust Fund established under section 9509 of the Internal Revenue Code of 1986 (26 U.S.C. 9509). (C) DISPOSITION OF THE RESERVED AMOUNTS. —After pay- ment of all claims arising from an incident for which funds

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