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DHS/USCG RIN: 1625-AA98 Publication ID: Fall 2007 
Title: Financial Responsibility for Water Pollution (Vessels) and Limits of Liability 
Abstract: This regulation would amend the "Financial Responsibility for Water Pollution (Vessels)" regulations to reflect the amended limits of liability resulting from enactment of the Coast Guard and Maritime Transportation Act of 2006. This regulation would support the Coast Guard's strategic goal of protection of natural resources. Market or Regulatory Failure Analysis: The Oil Pollution Act of 1990, at 33 U.S.C. 2716(a), requires regulations to implement the requirement for certain vessels to establish and maintain evidence of financial responsibility sufficient to meet or exceed the limits of liability found in 33 U.S.C. 2704(a) (as adjusted from time to time pursuant to 33 U.S.C. 2704(d)(4)). This rulemaking adjusts the financial responsibility applicable amounts to coincide with amended limits of liability resulting from enactment of the Delaware River Protection Act of 2006, increases certificate of financial responsibility (COFR) fees to vessel responsible parties, and removes an antiquated documentation carriage requirement. Without this regulation, we do not expect responsible parties to voluntarily internalize the costs associated with the amended statutory limits of liability. 
Agency: Department of Homeland Security(DHS)  Priority: Info./Admin./Other 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 33 CFR 138   
Legal Authority: 33 USC 2704, 2716   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  02/00/2008    
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Benjamin White
Project Manager
Department of Homeland Security
U.S. Coast Guard
National Pollution Funds Center (NPFC), 2703 Martin Luther King Jr. Avenue SE, STOP 7605,
Washington, DC 20593-7605
Phone:202 795-6066
Email: benjamin.h.white@uscg.mil