; and ; (2) by striking paragraph (3); and (3) by redesignating paragraph (4) as paragraph (3). (b) Conforming amendment Section 1004(b)(2) of the Oil Pollution Act of 1990 ( 33 U.S.C. 2704(b)(2) ) is amended by striking the second sentence. 526. Evidence of financial responsibility for offshore facilities Section 1016 of the Oil Pollution Act of 1990 ( 33 U.S.C. 2716 ) is amended— (1) in subsection (c)(1)— (A) in subparagraph (B), by striking subparagraph (A) is and all that follows through the period at the end and inserting subparagraph (A) is $300,000,000. ; and (B) by striking subparagraph (C) and inserting the following: (C) Alternate amount (i) Specific facilities (I) In general If the President determines that an amount of financial responsibility for a responsible party that is less than the amount required by subparagraph (B) is justified based on the criteria established under clause (ii), the evidence of financial responsibility required shall be for an amount prescribed under such clause by the President. (II) Minimum amounts In no case shall the evidence of financial responsibility required under this section be less than— (aa) $105,000,000 for an offshore facility located seaward of the seaward boundary of a State