,,ii #aac? ,,congress #a/ ,session ,s4 #abgc ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #aj1 #bjac ,ms4 ,murk[ski 7= h]self1 ,ms4 ,l&rieu1 ,mr4 ,begi*1 & ,ms4 ,heitkamp7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to e/abli% a p>tn]%ip betwe5 ,/ates t produce en]gy on%ore & (f%ore = our c\ntry ) ! ,f$]al ,gov]nm5t4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,fix+ ,am]ica's ,inequities ) ,rev5ues ,act ( #bjac or ! ,,fair ,act ( #bjac4 #b4 ,di/ribution ( rev5ues to coa/al ,/ates ,section #i ( ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #acch7 is am5d$ to read z foll[s3 #i4 ,disposition ( rev5ues 7a7 ,def9itions ,9 ?is section3 7#a7 ,alt]native & r5ewable en]gy ,! t]m alt]native & r5ewable en]gy means en]gy d]iv$ f a w9d1 sol>1 or ocean 7includ+ tidal1 wave1 & curr5t7 s\rce4 7#b7 ,coa/al political subdivision ,! t]m coa/al political subdivision means a c\nty-equival5t subdivision ( a coa/al ,/ate all or "p ( :i*-- 7,a7 lies )9 ! coa/al zone 7z def9$ 9 section #cjd ( ! ,coa/al ,zone ,managem5t ,act ( #aigb 7#af ,u4,s4,c4 #adec772 & 7,b7 ! close/ po9t ( :i* is n m ?an #bjj nautical miles f ! geographical c5t] ( any leas$ tract4 7#c7 ,coa/al ,/ate 7,a7 ,9 g5]al ,! t]m coa/al ,/ate means a ,/ate ) a coa/al seaw>d b\nd>y )9 #bjj nautical miles di/ance ( ! geographical c5t] ( a leas$ tract 9 an out] ,cont95tal ,%elf region adjac5t to ! ,/ate4 7,b7 ,exclusion ,! t]m coa/al ,/ate does n include a coa/al ,/ate1 ! majority ( ! coa/l9e ( :i* is subject to a leas+ moratorium4 7#d7 ,di/ance ,! t]ms di/ance & di/ances mean m9imum great circle di/ance & di/ances1 respectively4 7#e7 ,leas$ tract ,! t]m leas$ tract means a tract or o!r area leas$ or made available = ! exploration1 developm5t1 or production ( oil1 natural gas1 or alt]native or r5ewable en]gy4 7#f7 ,leas+ moratorium ,! t]m leas+ moratorium means any ,/ate or ,f$]al prohibition on ! developm5t ( oil1 natural gas1 & alt]native & r5ewable en]gy s\rces1 includ+ preleas+1 leas+1 & relat$ activities1 on ! out] ,cont95tal ,%elf4 7#g7 ,out] cont95tal %elf region ,! t]m out] ,cont95tal ,%elf region means-- 7,a7 ! ,alaska out] ,cont95tal ,%elf region2 7,b7 ! ,nor? ,atlantic plann+ area 7z describ$ 9 ! #bjab-bjag ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,program72 7,c7 ! ,mid-,atlantic plann+ area 7z describ$ 9 ! #bjab-bjag ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,program72 7,d7 ! ,s\? ,atlantic plann+ area 7z describ$ 9 ! #bjab-bjag ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,program72 7,e7 ! ,gulf ( ,mexico out] ,cont95tal ,%elf region2 or 7,f7 ! ,pacific out] ,cont95tal ,%elf region4 7#h7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ! ,int]ior4 7b7 ,coa/al ,/ate rev5ue %>+ = out] ,cont95tal ,%elf en]gy s\rces 7#a7 ,9 g5]al ,subject to ! o!r provisions ( ?is section1 = fiscal ye> #bjad & ea* subsequ5t fiscal ye>-- 7,a7 ! ,secret>y ( ! ,int]ior %all deposit 9 a special acc\nt 9 ! ,treasury1 #cg4e p]c5t ( all rev5ues d]iv$ f all r5tals1 royalties1 bonus bids1 & o!r sums due & payable to ! ,unit$ ,/ates f ! developm5t ( oil1 natural gas1 & alt]native & r5ewable en]gy on ! out] ,cont95tal ,%elf2 & 7,b7 ! ,secret>y %all1 9 accordance ) subsection 7b71 disburse-- 7i7 #bg4e p]c5t ( ! rev5ues describ$ 9 subp>agraph 7,a7 to coa/al ,/ates & coa/al political subdivisions2 & 7ii7 #aj p]c5t ( ! rev5ues to coa/al ,/ates t e/abli% funds 9 ! treasuries ( ! coa/al ,/ates to support projects & activities relat+ to alt]native or r5ewable en]gy1 en]gy rese>* & developm5t1 en]gy effici5cy1 or cons]vation4 7#b7 ,exclusions ,! rev5ues describ$ 9 p>agraph 7#a7 d n include-- 7,a7 ! qualifi$ out] ,cont95tal ,%elf rev5ues describ$ 9 ! ?ird proviso "u ! head+ ,ocean en]gy managem5t "u ! head+ ,bureau ( ,ocean ,en]gy ,managem5t ( title ,i ( ! ,dep>tm5t ( ! ,int]ior1 ,environm5t1 & ,relat$ ,ag5cies ,appropriations ,act1 #bjab 7division ,e ( ,public ,law #aab-gd2 #abe ,/at4 #iid72 7,b7 rev5ues f ! =feiture ( a bond or o!r surety secur+ obligations o!r ?an royalties1 civil p5alties1 or royalties tak5 by ! ,secret>y 9-k9d & n sold2 or 7,c7 rev5ues g5]at$ f leases-- 7i7 subject to-- 7,i7 section #h7;g72 7,,ii7 section #h7p77#b77;,b72 or 7,,iii7 ! ,gulf ( ,mexico ,en]gy ,security ,act ( #bjjf 7#dc ,u4,s4,c4 #acca note2 ,public ,law #aji-dcb72 or 7ii7 9 ! ,gulf ( ,mexico be=e ! date ( enactm5t ( ! ,gulf ( ,mexico ,en]gy ,security ,act ( #bjjf 7#dc ,u4,s4,c4 #acca note2 ,public ,law #aji-dcb74 7#c7 ,allocation among coa/al ,/ates & coa/al political subdivisions 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 = ea* fiscal ye>1 ! am\nt made available "u p>agraph 7#a7 f any lease %all be allocat$ to ea* coa/al ,/ate 9 am\nts 7bas$ on a =mula e/abli%$ by ! ,secret>y by regulation7 t are inv]sely proportional to ! respective di/ances betwe5 ! po9t on ! coa/l9e ( ea* coa/al ,/ate t is close/ to ! geographic c5t] ( ! applicable leas$ tract & ! geographic c5t] ( ! leas$ tract4 7,b7 ,limitation ,! allocable %>e ( a coa/al ,/ate is limit$ to ! rev5ues collect$ f a leas$ tract locat$ no m ?an #bjj nautical miles f ! coa/l9e ( ! coa/al ,/ate & )9 ! out] ,cont95tal ,%elf region ( ! coa/al ,/ate4 7,c7 ,paym5ts to coa/al political subdivisions 7i7 ,9 g5]al ,! ,secret>y %all pay #be p]c5t ( ! allocable %>e ( ea* coa/al ,/ate1 z det]m9$ "u subp>agraph 7,a71 to ! coa/al political subdivisions ( ! coa/al ,/ate4 7ii7 ,allocation ,! am\nt paid by ! ,secret>y to coa/al political subdivisions %all be allocat$ to ea* coa/al political subdivision 9 accordance ) subp>agraphs 7,b71 7,c71 & 7,e7 ( section #ca7;b77#d74 7iii7 ,exception = ! ,/ate ( ,alaska ,= purposes ( c>ry+ out ?is subp>agraph 9 ! ,/ate ( ,alaska1 ( ! am\nt paid by ! ,secret>y to coa/al political subdivisions-- 7,i7 #ij p]c5t %all be allocat$ 9 am\nts 7bas$ on a =mula e/abli%$ by ! ,secret>y by regulation7 t are inv]sely proportional to ! respective di/ances betwe5 ! po9t 9 ea* coa/al political subdivision t is close/ to ! geographic c5t] ( ! applicable leas$ tract & ! geographic c5t] ( ! leas$ tract2 & 7,,ii7 #aj p]c5t %all be divid$ equally among ea* c\nty-equival5t subdivision ( ! ,/ate ( ,alaska1 all or "p ( :i* lies )9 ! coa/al zone 7z def9$ 9 section #cjd ( ! ,coa/al ,zone ,managem5t ,act ( #aigb 7#af ,u4,s4,c4 #adec771 t-- 7aa7 is m ?an #bjj nautical miles f ! geographic c5t] ( a leas$ tract2 & 7bb7 ! ,/ate ( ,alaska det]m9es to be a significant /ag+ area = oil & gas s]vic+1 supply vessels1 op]ations1 suppli]s1 or work]s4 4 #c4 ,rev5ue %>+ = c]ta9 on%ore en]gy s\rces ,section #ce ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #aia7 is am5d$ by add+ at ! end ! foll[+3 7d7 ,rev5ue %>+ = c]ta9 on%ore en]gy s\rces ,! ,secret>y ( ! ,int]ior %all disburse #ej p]c5t ( all rev5ues d]iv$ f all r5tals1 op]at+ fees1 royalties1 bonus bids1 rights-(-way1 & o!r am\nts due & payable to ! ,unit$ ,/ates f ! developm5t ( alt]native or r5ewable on%ore en]gy s\rces to ! ,/ate )9 ! b\nd>ies ( :i* ! en]gy s\rce is locat$4 4 #d4 ,di/ribution ( rev5ues to gulf produc+ ,/ates 7a7 ,def9ition ( qualifi$ out] ,cont95tal ,%elf rev5ues ,section #ajb7i7 ( ! ,gulf ( ,mexico ,en]gy ,security ,act ( #bjjf 7#dc ,u4,s4,c4 #acca note2 ,public ,law #aji-dcb7 is am5d$ by /rik+ subp>agraphs 7,a7 & 7,b7 ins]t+ ! foll[+3 7,a7 ,9 g5]al ,! t]m qualifi$ out] ,cont95tal ,%elf rev5ues means all r5tals1 royalties1 bonus bids1 & o!r sums due & payable to ! ,unit$ ,/ates receiv$ on or aft] ,octob] #a1 #bjac1 f leases ent]$ into on or aft] ! date ( enactm5t ( ,public ,law #aji-dcb = ! portions ( ! ,we/]n ,gulf ( ,mexico plann+ area1 ! ,c5tral ,gulf ( ,mexico plann+ area1 & ! ,ea/]n ,gulf ( ,mexico plann+ area n subject to a leas+ moratorium "u section #ajd7;a7 ( ! ,gulf ( ,mexico ,en]gy ,security ,act ( #bjjf 7#dc ,u4,s4,c4 #acca note2 ,public ,law #aji-dcb74 7,b7 ,exclusions ,! t]m qualifi$ out] ,cont95tal ,%elf rev5ues does n include-- 7i7 ! qualifi$ out] ,cont95tal ,%elf rev5ues describ$ 9 ! ?ird proviso "u ! head+ ,ocean en]gy managem5t "u ! head+ ,bureau ( ,ocean ,en]gy ,managem5t ( title ,i ( ! ,dep>tm5t ( ! ,int]ior1 ,environm5t1 & ,relat$ ,ag5cies ,appropriations ,act1 #bjab 7division ,e ( ,public ,law #aab-gd2 #abe ,/at4 #iid72 7ii7 ! qualifi$ out] ,cont95tal ,%elf rev5ues describ$ 9 ! ?ird proviso "u ! head+ ,(f%ore safety & environm5tal en=cem5t "u ! head+ ,bureau ( ,safety & ,environm5tal ,en=cem5t ( title ,i ( ! ,dep>tm5t ( ! ,int]ior1 ,environm5t1 & ,relat$ ,ag5cies ,appropriations ,act1 #bjab 7division ,e ( ,public ,law #aab-gd2 #abe ,/at4 #iie72 7iii7 rev5ues f ! =feiture ( a bond or o!r surety secur+ obligations o!r ?an royalties1 civil p5alties1 or royalties tak5 by ! ,secret>y 9-k9d & n sold2 or 7iv7 rev5ues g5]at$ f leases subject to subsection 7g7 or 7p77#b77;,b7 ( section #h ( ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #accg74 4 7b7 ,disposition ( qualifi$ out] ,cont95tal ,%elf rev5ues ,section #aje ( ! ,gulf ( ,mexico ,en]gy ,security ,act ( #bjjf 7#dc ,u4,s4,c4 #acca note2 ,public ,law #aji-dcb7 is am5d$-- 7#a7 9 subsection 7a71 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ %all deposit & all t foll[s ?r\gh ! p]iod at ! end ( p>agraph 7#b77;,b7 & ins]t+ ! foll[+3 %all deposit-- 7#a7 9 a special acc\nt 9 ! ,treasury-- 7,a7 #cg4e p]c5t ( qualifi$ out] ,cont95tal ,%elf rev5ues1 :i* ! ,secret>y %all disburse to ,gulf produc+ ,/ates 9 accordance ) subsection 7b72 & 7,b7 #fb1ejj1jjj1 :i* ! ,secret>y %all disburse to provide f9ancial assi/ance to ,/ates 9 accordance ) section #f ( ! ,l& & ,wat] ,cons]vation ,fund ,act ( #aife 7#af ,u4,s4,c4 #dfja-h71 :i* %all be consid]$ income to ! ,l& & ,wat] ,cons]vation ,fund = purposes ( section #b ( t ,act 7#af ,u4,s4,c4 #dfja-e72 & 7#b7 ! rema9d] ( qualifi$ out] ,cont95tal ,%elf rev5ues 9 ! g5]al fund ( ! ,treasury4 2 7#b7 9 subsection 7b7-- 7,a7 9 p>agraph 7#a7-- 7i7 by /rik+ 7#a7 ,allocation & all t foll[s ?r\gh subsection 7a77#b77;,a7 9 subp>agraph 7,a7 & ins]t+ ! foll[+3 7#a7 ,allocation among gulf produc+ ,/ates 7,a7 ,9 g5]al ,effective beg9n+ 9 fiscal ye> #bjad1 ! am\nt made available "u subsection 7a77#a77;,a7 2 7ii7 9 subp>agraph 7,a7-- 7,i7 by ins]t+ ea* hi/orical lease site & ! geographic c5t] ( ! hi/orical lease site1 z det]m9$ by ! ,secret>y aft] close/ to ! geographic c5t] (2 & 7,,ii7 by /rik+ ! applicable leas$ tract & ! geographic c5t] ( ! leas$ tract2 & 7iii7 by /rik+ subp>agraph 7,b72 7,b7 9 p>agraph 7#b71 by /rik+ 7#b7 & all t foll[s ?r\gh 7,c7 ,hi/orical lease sites & ins]t+ 7,b7 ,hi/orical lease sites2 7,c7 9 p>agraph 7#a77;,b77i7 7z s r$esignat$7-- 7i7 by /rik+ subp>agraph 7,a77ii7 & ins]t+ subp>agraph 7,a72 & 7ii7 by /rik+ ,decemb] #ca1 #bjae & ins]t+ ,decemb] #ca1 #bjab2 7,d7 by r$esignat+ p>agraph 7#c7 z p>agraph 7#b72 & 7,e7 9 p>agraph 7#b7 7z s r$esignat$71 9 subp>agraph 7,a71 by /rik+ p>agraphs 7#a7 & 7#b7 & ins]t+ p>agraph 7#a72 & 7#c7 by /rik+ subsection 7f7 & ins]t+ ! foll[+3 7f7 ,limitations on am\nt ( di/ribut$ qualifi$ out] ,cont95tal ,%elf rev5ues 7#a7 ,di/ribution to gulf produc+ /ates 7,a7 ,9 g5]al ,subject to subp>agraphs 7,b7 & 7,c71 ! total am\nt ( qualifi$ out] ,cont95tal ,%elf rev5ues di/ribut$ "u subsection 7a77#a77;,a7 %all n exce$ #ejj1jjj1jjj = fiscal ye> #bjad4 7,b7 ,cap increase = gulf produc+ /ates ,9 ! case ( ! qualifi$ out] ,cont95tal ,%elf rev5ues di/ribut$ to ,gulf produc+ ,/ates "u subsection 7a77#a77;,a71 ! cap on am\nts specifi$ 9 subp>agraph 7,a7 %all be =-- 7i7 fiscal ye> #bjae1 #fjj1jjj1jjj2 & 7ii7 ea* ( fiscal ye>s #bjaf ?r\gh #bjbd1 ! applicable am\nt = ! previ\s fiscal ye> increas$ by #ajj1jjj1jjj4 7,c7 ,subsequ5t fiscal ye>s ,= fiscal ye> #bjbe & ea* fiscal ye> !reaft]1 all qualifi$ out] ,cont95tal ,%elf rev5ues made available "u subsection 7a77#a77;,a7 %all be made available )\t limitation = allocation to ! ,gulf produc+ ,/ates 9 accordance ) subsection 7b74 7#b7 ,pro rata r$uctions ,if p>agraph 7#a7 limits ! am\nt ( qualifi$ out] ,cont95tal ,%elf rev5ues t w\ld be paid "u subsection 7a77#a77;,a7-- 7,a7 ! ,secret>y %all r$uce ! am\nt ( qualifi$ out] ,cont95tal ,%elf rev5ues provid$ to ea* recipi5t on a pro rata basis2 & 7,b7 any rema9d] ( ! qualifi$ out] ,cont95tal ,%elf rev5ues %all rev]t to ! g5]al fund ( ! ,treasury4 4 #e4 ,effective date ,?is ,act & ! am5dm5ts made by ?is ,act take effect on ,octob] #a1 #bjac4