,,ii #aac? ,,congress #a/ ,session ,s4 #eih ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #ah1 #bjac ,mrs4 ,fe9/e9 7= h]self & ,mr4 ,nelson7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to prohibit royalty inc5tives = deepwat] drill+1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,deepwat] ,drill+ ,royalty ,relief ,prohibition ,act4 #b4 ,prohibition on royalty inc5tives = deepwat] drill+ 7a7 ,9 g5]al ,not)/&+ any o!r provision ( law1 ! ,secret>y ( ! ,int]ior %all n issue any oil or gas lease sale "u ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #acca et seq47 ) royalty-bas$ inc5tives 9 any tract locat$ 9 wat] dep?s ( #djj met]s or m on ! out] ,cont95tal ,%elf4 7b7 ,royalty relief = deepwat] production ,section #cde ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #aeije7 is repeal$4 7c7 ,royalty relief ,section #h7;a77#c7 ( ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #accg7;a77#c77 is am5d$ by add+ at ! end ! foll[+3 7,d7 ,prohibition ,not)/&+ subp>agraphs 7,a7 ?r\gh 7,c7 or any o!r provision ( law1 ! ,secret>y %all n r$uce or elim9ate any royalty or net pr(it %>e = any lease or unit locat$ 9 wat] dep?s ( #djj met]s or m on ! out] ,cont95tal ,%elf4 4 7d7 ,application ,?is section & ! am5dm5ts made by ?is section-- 7#a7 apply beg9n+ ) ! fir/ lease sale held on or aft] ! date ( enactm5t ( ?is ,act = :i* a f9al notice ( sale has n be5 publi%$ z ( t date2 & 7#b7 d n apply to a lease 9 effect on ! date ( enactm5t ( ?is ,act4