Ending Fossil Fuel Bailouts Act of 2026 ensures oil, gas, and coal companies fulfill environmental reclamation obligations in bankruptcy.

The Ending Fossil Fuel Bailouts Act of 2026 amends the United States Code to ensure oil, gas, and coal companies that are debtors in bankruptcy fulfill environmental reclamation obligations. The Act prioritizes reclamation costs in bankruptcy proceedings, prohibits the abandonment of fossil fuel assets, and limits the dischargeability of certain debts. It also includes provisions for the avoidance of fraudulent transfers and obligations, and mandates that covered leases issued by the Secretary of the Interior prohibit transfer if the lessee has filed for bankruptcy.

Ending Fossil Fuel Bailouts Act of 2026 ensures oil, gas, and coal companies fulfill environmental reclamation obligations in bankruptcy.

The Ending Fossil Fuel Bailouts Act of 2026 amends the United States Code to ensure oil, gas, and coal companies that are debtors in bankruptcy fulfill environmental reclamation obligations. The Act prioritizes reclamation costs in bankruptcy proceedings, prohibits the abandonment of fossil fuel assets, and limits the dischargeability of certain debts. It also includes provisions for the avoidance of fraudulent transfers and obligations, and mandates that covered leases issued by the Secretary of the Interior prohibit transfer if the lessee has filed for bankruptcy.