Providing that all revenue derived from the excise tax on oil production should continue to pay for the cleanup of, and the damages incurred by all individuals, businesses, States, municipalities, and natural resources negatively impacted by, the current oil spill in the Gulf of Mexico and any future spills.

States the policy of the House of Representatives that the revenue derived from the excise tax on oil production: (1) should continue to pay for the cleanup of, and the damages incurred by, the oil spill in the Gulf of Mexico and any future oil spills; and (2) should not be used by Congress to fund unrelated policies and programs.