,,ii  #aad? ,,congress  #b;d ,session   
,s4 #caej  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #g1 #bjaf ,mr4   
,m>key introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,en]gy & ,natural ,res\rces  ,a ,,bill  
,to use c]ta9 rev5ues f ! out]          
,cont95tal ,%elf to r$uce ! ,f$]al      
budget deficit4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,oil & ,gas        
,paym5ts ,taxpay] ,protection & ,deficit
 ,r$uction ,act4  #b4 ,disposition (    
qualifi$ out] ,cont95tal ,%elf rev5ues f
 #aha ,area1 #aha ,s\? ,area1 &         
#bjjb-bjjg plann+ areas ( ,gulf (       
,mexico ,section #aje ( ! ,gulf (       
,mexico ,en]gy ,security ,act ( #bjjf   
7#dc ,u4,s4,c4 #acca note7 is am5d$ to  
read z foll[s3  #aje4 ,disposition (    
qualifi$ out] cont95tal %elf rev5ues f  
#aha ,area1 #aha ,s\? ,area1 &          
#bjjb-bjjg plann+ areas ( ,gulf (       
,mexico  7a7 ,9 g5]al ,not)/&+ section  
#i ( ! ,out] ,cont95tal ,%elf ,l&s ,act 
7#dc ,u4,s4,c4 #acch7 & subject to ! o!r

 provisions ( ?is section1 = ea*        
applicable fiscal ye>1 ! ,secret>y ( !  
,treasury %all deposit--  7#a7 #ej p]c5t
 ( qualifi$ out] ,cont95tal ,%elf       
rev5ues 9 ! g5]al fund ( ! ,treasury2 & 
7#b7 #ej p]c5t ( qualifi$ out]          
,cont95tal ,%elf rev5ues 9 a special    
acc\nt 9 ! ,treasury1 ( :i*--  7,a7 #ge 
p]c5t %all be us$ = ,f$]al budget       
deficit r$uction or1 if !re is no ,f$]al
 budget deficit1 = r$uc+ ! ,f$]al debt 9
 su* mann] z ! ,secret>y ( ! ,treasury  
consid]s appropriate2 &  7,b7 #be p]c5t 
%all be deposit$ 9 a special acc\nt 9 ! 
,l& & ,wat] ,cons]vation ,fund e/abli%$ 
"u section #bjjcjb ( title #ed1 ,unit$  
,/ates ,code1 f :i* ! ,secret>y %all    
disburse1 )\t fur!r appropriation1 #ajj 
p]c5t to provide f9ancial assi/ance to  
,/ates 9 accordance ) section #bjjcje ( 
t title1 :i* %all be consid]$ income to 
! ,l& & ,wat] ,cons]vation ,fund =      
purposes ( section #bjjcjb ( t title4   
7b7 ,limitations on am\nt ( di/ribut$   
qualifi$ out] ,cont95tal ,%elf rev5ues  

7#a7 ,9 g5]al ,subject to p>agraph 7#b71
 ! total am\nt ( qualifi$ out]          
,cont95tal ,%elf rev5ues made available 
"u subsection 7a77#b7 %all n exce$      
#ejj1jjj1jjj = ea* ( fiscal ye>s #bjaf  
?r\gh #bjee4  7#b7 ,exp5ditures ,= !    
purpose ( p>agraph 7#a71 = ea* ( fiscal 
ye>s #bjaf ?r\gh #bjee1 exp5ditures "u  
subsection 7a77#b7 %all be net (        
receipts f t fiscal ye> f any area 9 !  
#aha ,area 9 ! ,ea/]n ,plann+ ,area & ! 
#aha ,s\? ,area4  7#c7 ,pro rata        
r$uctions ,if p>agraph 7#a7 limits !    
am\nt ( qualifi$ out] ,cont95tal ,%elf  
rev5ues t w\ld be paid "u subp>agraphs  
7,a7 & 7,b7 ( subsection 7a77#b7--  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