,,ii #aad? ,,congress #a/ ,session ,s4 #abhj ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #aa1 #bjae,mr4 ,m>key introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to direct ! ,secret>y ( ! ,int]ior to e/abli% an annual production inc5tive fee ) respect to ,f$]al on%ore & (f%ore l& t is subject to a lease = production ( oil or natural gas "u :i* production is n occurr+1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,unit$ ,/ates ,exploration on ,idle ,tracts ,act or ! ,,use ,,x ,act4 #b4 ,production inc5tive fee 7a7 ,e/abli%m5t 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ! ,int]ior 7ref]r$ to 9 ?is section z ! ,secret>y7 %all issue regulations to e/abli% an annual production inc5tive fee ) respect to ,f$]al on%ore & (f%ore l& t is subject to a lease = production ( oil or natural gas "u :i* production is n occurr+4 7#b7 ,application ,! annual production inc5tive fee describ$ 9 p>agraph 7#a7 %all apply ) respect to l& t is subject to a lease describ$ 9 p>agraph 7#a7 t is-- 7,a7 9 effect on ! date on :i* f9al regulations are issu$ pursuant to ?is subsection2 or 7,b7 execut$ aft] t date4 7b7 ,am\nt ,= ea* acre ( l& f :i* oil or natural gas is produc$ = less ?an #ij days 9 a cal5d> ye>1 ! am\nt ( ! fee %all be-- 7#a7 9 ! case ( on%ore l&-- 7,a7 = ea* ( ! fir/ #c ye>s ( ! lease1 #d p] acre 79 #bjae doll>s72 7,b7 = ! f\r? ye> ( ! lease1 #f p] acre 79 #bjae doll>s72 & 7,c7 = ! fif? ye> ( ! lease & ea* ye> !reaft] = :i* ! lease is o!rwise 9 effect1 #h p] acre 79 #bjae doll>s72 & 7#b7 9 ! case ( (f%ore l&-- 7,a7 = ea* ( ! ?ird1 f\r?1 & fif? ye>s ( ! lease1 #d p] acre 79 #bjae doll>s72 7,b7 = ! six? ye> ( ! lease1 #f p] acre 79 #bjae doll>s72 & 7,c7 = ! sev5? ye> ( ! lease & ea* ye> !reaft] = :i* ! lease is o!rwise 9 effect1 #h p] acre 79 #bjae doll>s74 7c7 ,assessm5t & collection ,! ,secret>y %all assess & collect ! fee e/abli%$ "u ?is section4 7d7 ,deposit ,am\nts receiv$ by ! ,secret>y = ! fee "u ?is section %all be res]v$ = ! ,secret>y = exp5ditures on inspection1 en=cem5t1 & p]mitt+ relat+ to oil & gas4 7e7 ,regulations ,! ,secret>y may issue regulations to prev5t evasion ( ! fee "u ?is section4