1. Short title This Act may be cited as the Offending Oil Polluters Act . 2. Denial of certain tax benefits to offending oil polluters (a) In general Subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new part: XII Denial of certain tax benefits to offending oil polluters Sec. 293. Denial of certain tax benefits to offending oil polluters. 293. Denial of certain tax benefits to offending oil polluters (a) In general In the case of an offending oil polluter, no deduction or credit shall be allowed under this chapter with respect to any amount paid or incurred— (1) in connection with a discharge of oil or a hazardous substance referred to in subsection (b)(1), (2) for any attorney fees and court costs in connection with any action with respect to such discharge, (3) as a payment or restitution related to such discharge, and (4) any costs or penalties required by Federal law or regulations or certified in a settlement by a Federal court. (b) Offending oil polluter For purposes of this section, the term offending oil polluter means— (1) any person that is a responsible party for a vessel or a facility from which oil or a hazardous substance is discharged (within the meaning of section 311 of the Federal Water Pollution Control Act ( 33 U.S.C. 1321 )), and (2) any person who is a member of the same expanded affiliated group (as defined in section 1471(e)(2)) as a person described in paragraph (1). . (b) Clerical amendment The table of parts for subchapter B of chapter 1 of such Code is amended by adding at the end the following new item: Part XII. Denial of certain tax benefits to offending oil polluters. . (c) Study Not later than 6 months after the date of the enactment of this Act, and annually thereafter, the Secretary of the Treasury (or the Secretary’s delegate) shall conduct a study, and submit the results to the Committee on Ways and Means and the Committee on Energy and Commerce of the House of Representatives and the Committee on Finance and the