33 CFR § 136.235

33 CFR · Navigation and Navigable Waters

§ 136.235 — Compensation allowable.

33 CFR § 136.235

TitleTitle 33: Navigation and Navigable Waters PartPart 136: Oil Spill Liability Trust Fund; Claims Procedures; Designation of Source; and Advertisement

SourceeCFR (current through Apr 1, 2026)

This text of 33 C.F.R. § 136.235 (Compensation allowable.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

33 C.F.R. § 136.235 (2026).

Text

§ 136.235 Compensation allowable. The amount of compensation allowable is limited to the actual net reduction or loss of earnings or profits suffered. Calculations for net reductions or losses must clearly reflect adjustments for—

(a)All income resulting from the incident;

(b)All income from alternative employment or business undertaken;

(c)Potential income from alternative employment or business not undertaken, but reasonably available;

(d)Any saved overhead or normal expenses not incurred as a result of the incident; and

(e)State, local, and Federal taxes. Government Public Services

Free access — add to your briefcase to read the full text and ask questions with AI

§ 136.235 Compensation allowable.

The amount of compensation allowable is limited to the actual net reduction or loss of earnings or profits suffered. Calculations for net reductions or losses must clearly reflect adjustments for—

(a) All income resulting from the incident;

(b) All income from alternative employment or business undertaken;

(c) Potential income from alternative employment or business not undertaken, but reasonably available;

(d) Any saved overhead or normal expenses not incurred as a result of the incident; and

(e) State, local, and Federal taxes.

Government Public Services