,,ii #aac? ,,congress #a/ ,session ,s4 #fcj ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #bj1 #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-- 7,a7 a w9d1 sol>1 r5ewable biomass1 or ocean 7includ+ tidal1 wave1 curr5t1 & !rmal7 s\rce2 or 7,b7 hydrog5 d]iv$ f r5ewable biomass or wat] us+ an en]gy s\rce describ$ 9 subp>agraph 7,a74 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 ,! 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 area t is n a ,gulf produc+ ,/ate 7z def9$ 9 section #ajb ( ! ,gulf ( ,mexico ,en]gy ,security ,act ( #bjjf 7#dc ,u4,s4,c4 #acca note2 ,public ,law #aji-dcb774 7#d7 ,di/ance ,! t]ms di/ance & di/ances mean m9imum great circle di/ance & di/ances1 respectively4 7#e7 ,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> #bjac & ea* subsequ5t fiscal ye>-- 7,a7 ! ,secret>y ( ! ,treasury %all deposit 9 ! ,treasury1 #cg4e p]c5t ( all rev5ues d]iv$ f all r5tals1 royalties1 bonus bids1 & o!r sums due & payable to ! ,unit$ ,/ates f en]gy developm5t on ! out] ,cont95tal ,%elf areas ( coa/al ,/ates2 & 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 & 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 rev5ues g5]at$ f leases subject to section #h7;g74 7#c7 ,allocation among coa/al ,/ates & coa/al political subdivisions 7,a7 ,9 g5]al ,subject to p>agraph 7#b71 = ea* fiscal ye>1 ! am\nt made available "u subsection 7a7 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 ,/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 p>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,b7 & 7,c7 ( section #ca7;b77#d7 ( ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #acef;a7b77#d774 7iii7 ,exception = ! ,/ate ( ,alaska ,= purposes ( c>ry+ out subp>agraph 7,a7 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* coa/al political subdivision 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 7#d7 ,adm9i/ration ,! ,secret>y %all ensure t rev5ues f all s\rces ( alt]native & r5ewable en]gy leas$1 develop$1 or produc$ f any out] ,cont95tal ,%elf area are di/ribut$ among coa/al ,/ates1 coa/al political subdivisions1 & ,gulf produc+ ,/ates 7z def9$ 9 section #ajb ( ! ,gulf ( ,mexico ,en]gy ,security ,act ( #bjjf 7#dc ,u4,s4,c4 #acca note2 ,public ,law #aji-dcb77 9 accordance ) ?is section4 7c7 ,rev5ue %>+ = c]ta9 on%ore en]gy s\rces ,! ,secret>y ( ! ,treasury %all disburse #ej p]c5t ( all rev5ues d]iv$ f all r5tals1 royalties1 bonus bids1 rights-(-way1 & o!r am\nts due & payable to ! ,unit$ ,/ates f ! developm5t ( alt]native & r5ewable on%ore en]gy s\rces to ! ,/ate )9 ! b\nd>ies ( :i* ! en]gy s\rce is locat$4 4 #c4 ,di/ribution ( rev5ues to ,gulf produc+ ,/ates 7a7 ,def9ition ( qualifi$ 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$-- 7#a7 by /rik+ subp>agraph 7,a72 & 7#b7 by ins]t+ ! foll[+3 7,a7 ,9 g5]al ,! t]m qualifi$ out] ,cont95tal ,%elf rev5ues means all r5tals1 royalties1 bonus bids1 & o!r sums due & payable to ! ,unit$ ,/ates receiv$ on or aft] ,octob] #a1 #bjab1 f leases ent]$ into on or aft] ! date ( enactm5t ( ,public ,law #aji-dcb =-- 7i7 ! #aha ,area2 7ii7 ! #aha ,s\? ,area2 & 7iii7 ! #bjjb-bjjg plann+ area4 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$-- 7#a7 9 subsection 7b7-- 7,a7 9 p>agraph 7#a7-- 7i7 9 ! p>agraph head+1 by /rik+ #bjaf & ins]t+ #bjab2 & 7ii7 9 subp>agraph 7,a71 by /rik+ #bjaf & ins]t+ #bjab2 & 7,b7 9 p>agraph 7#b7-- 7i7 9 ! p>agraph head+1 by /rik+ #bjag & ins]t+ #bjac2 & 7ii7 9 subp>agraph 7,a71 by /rik+ #bjag & ins]t+ #bjac2 & 7#b7 by /rik+ subsection 7f7 & ins]t+ ! foll[+3 7f7 ,limitations on am\nt ( di/ribut$ 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 made available "u subsection 7a77#b7 %all n exce$ #ejj1jjj1jjj = ea* fiscal ye>4 7,b7 ,cap increase = ,gulf produc+ ,/ates ,9 ! case ( ! qualifi$ out] ,cont95tal ,%elf rev5ues t may be made available to ,gulf produc+ ,/ates "u subsection 7a77#b77;,a71 ! cap on am\nts specifi$ 9 subp>agraph 7,a7 %all be =-- 7i7 fiscal ye> #bjad1 #fjj1jjj1jjj2 & 7ii7 ea* ( fiscal ye>s #bjae ?r\gh #bjbc1 ! applicable am\nt = ! previ\s fiscal ye> increas$ by #ajj1jjj1jjj4 7,c7 ,subsequ5t fiscal ye>s ,= fiscal ye> #bjbd & ea* fiscal ye> !reaft]1 all qualifi$ out] ,cont95tal ,%elf rev5ues made available "u subsection 7a77#b77;,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#b77;,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 #d4 ,effective date ,?is ,act & ! am5dm5ts made by ?is ,act take effect on ,octob] #a1 #bjab4