,,ii ,cal5d> ,no4 #dcj #aaf? ,,congress 
#b;d ,session  ,s4 #bdah  ,,9 ,,!       
,,s5ate ,,( ,,! ,,unit$ ,,/ates  ,augu/ 
#a1 #bjai,mr4 ,cassidy 7= himself1 ,ms4 
,murk[ski1 ,mr4 ,k5n$y1 ,mr4 ,wick]1    
,mr4 ,jones1 ,mr4 ,sullivan1 & ,mrs4    
,hyde-,smi?7 introduc$ ! foll[+ bill2   
:i* 0 read twice & ref]r$ to !          
,committee on ,en]gy & ,natural         
,res\rces  ,febru>y #be1 #bjbj,report$  
by ,ms4 ,murk[ski1 ) amendments,omit !  
"p /ruck ?r\gh & ins]t ! "p pr9t$ 9     
italic  ,a ,,bill  ,to am5d ! ,gulf (   
,mexico ,en]gy ,security ,act ( #bjjf to
 modify a def9ition & ! disposition &   
au?oriz$ uses ( qualifi$ out] ,cont95tal
 ,%elf rev5ues "u t ,act & to exempt    
,/ate & c\nty paym5ts "u t ,act f       
seque/ration1 to provide = ! di/ribution
 ( c]ta9 out] ,cont95tal ,%elf rev5ues  
to ! ,/ate ( ,alaska1 & = o!r purposes4 
#a4 ,%ort title2 table ( cont5ts  7a7   
,%ort title ,?is ,act may be cit$ z !   
,cons]vation ,( ,am]ica's ,%orel9e      
,t]ra9 & ,aquatic ,life ,act or !       

,,coa/al ,act4  7b7 ,table ( cont5ts ,! 
table ( cont5ts = ?is ,act is z foll[s3 
,sec4 #a4 ,%ort title2 table (          
cont5ts4,,title ,i--,gulf ( ,mexico out]
 ,cont95tal ,%elf revenues,sec4 #aja4   
,def9ition ( qualifi$ out] ,cont95tal   
,%elf rev5ues4,sec4 #ajb4 ,disposition (
 qualifi$ out] ,cont95tal ,%elf         
rev5ues4,sec4 #ajc4 ,exemption ( c]ta9  
paym5ts f seque/ration4,,title          
,,ii--,alaska out] ,cont95tal ,%elf     
revenues,sec4 #bja4 ,def9itions4,sec4   
#bjb4 ,disposition ( qualifi$ rev5ues 9 
,alaska4,,title ,,iii--,/ate m9]al      
rev5ue protection,sec4 #cja4 ,elim9ation
 ( adm9i/rative fee4  ,i ,gulf ( ,mexico
 out] ,cont95tal ,%elf rev5ues  #aja4   
,def9ition ( qualifi$ out] ,cont95tal   
,%elf rev5ues ,section #ajb7i77;,a7 ( ! 
,gulf ( ,mexico ,en]gy ,security ,act ( 
#bjjf 7#dc ,u4,s4,c4 #acca note2 ,public
 ,law #aji-dcb7 is am5d$-- 7#a7 9 clause
 7i77,,ii71 by /rik+ & aft] ! semicolon2
  7#b7 9 clause 7ii7-- 7,a7 9 ! matt]   
prec$+ subclause 7,i71 by /rik+ fiscal  

ye> #bjag & ea* fiscal ye> !reaft] &    
ins]t+ ea* ( fiscal ye>s #bjag ?r\gh    
#bjai2 &  7,b7 9 subclause 7,,iii71 by  
/rik+ ! p]iod & ins]t+ 2 &2 &  7#c7 by  
add+ at ! end ! foll[+3  7iii7 9 ! case 
( fiscal ye> #bjbj & ea* fiscal ye>     
!reaft]1 all r5tals1 royalties1 bonus   
bids1 & o!r sums due & payable to !     
,unit$ ,/ates receiv$ on or aft] ,octob]
 #a1 #bjai1 f leases ent]$ into on or   
aft] ,octob] #a1 #bjjj =-- 7,i7 ! #aha  
,area2  7,,ii7 ! #aha ,s\? ,area2 &     
7,,iii7 ! #bjjb-bjjg plann+ area4  4    
#ajb4 ,disposition ( qualifi$ out]      
,cont95tal ,%elf rev5ues  7a7 ,9 g5]al  
,section #aje7;a7 ( ! ,gulf ( ,mexico   
,en]gy ,security ,act ( #bjjf 7#dc      
,u4,s4,c4 #acca note2 ,public ,law      
#aji-dcb7 is am5d$-- 7#a7 9 p>agraph    
7#a71 by /rik+ #ej & ins]t+ #cg4e2 &    
7#b7 9 p>agraph 7#b7-- 7,a7 9 ! matt]   
prec$+ subp>agraph 7,a71 by /rik+ #ej & 
ins]t+ #fb4e2  7,b7 9 subp>agraph 7,a71 
by /rik+ #ge & ins]t+ #hj2 &  7,c7 9    
subp>agraph 7,b71 by /rik+ #be & ins]t+ 

#bj4  7b7 ,au?oriz$ uses ,section       
#aje7;d77#a7 ( ! ,gulf ( ,mexico ,en]gy 
,security ,act ( #bjjf 7#dc ,u4,s4,c4   
#acca note2 ,public ,law #aji-dcb7 is   
am5d$ by add+ at ! end ! foll[+3  7,f7  
,plann+1 eng9e]+1 design1 con/ruction1  
op]ations1 & ma9t5ance ( #a or m        
projects t are specifically au?oriz$ by 
any o!r ,act = ecosy/em re/oration1     
hurricane protection1 or flood damage   
prev5tion4  4  7c7 ,limitations on am\nt
 ( di/ribut$ qualifi$ out] ,cont95tal   
,%elf rev5ues  7b7 ,limitations on am\nt
 ( di/ribut$ qualifi$ out] ,cont95tal   
,%elf rev5ues ,section #aje7;f7 ( !     
,gulf ( ,mexico ,en]gy ,security ,act ( 
#bjjf 7#dc ,u4,s4,c4 #acca note2 ,public
 ,law #aji-dcb7 is am5d$-- 7#a7 9       
p>agraph 7#a7-- 7,a7 by /rik+           
subp>agraphs 7,b7 & 7,c72  7,b7 9       
subp>agraph 7,a71 by /rik+ ! semicolon  
at ! end & ins]t+ a p]iod2 &  7,c7      
beg9n+ 9 ! matt] prec$+ subp>agraph     
7,a71 by /rik+ exce$-- & all t foll[s   
?r\gh = ea* 9 subp>agraph 7,a7 & ins]t+ 

! foll[+3 exce$ #ejj1jjj1jjj = ea*2 &   
7#b7 9 p>agraph 7#b71 by /rik+ #bjee &  
ins]t+ #bjai4  #ajc4 ,exemption ( c]ta9 
paym5ts f seque/ration  7a7 ,9 g5]al    
,section #bee7;g77#a77;,a7 ( ! ,balanc$ 
,budget & ,em]g5cy ,deficit ,control    
,act ( #aihe 7#b ,u4,s4,c4              
#ije7;g77#a77;,a77 is am5d$ by ins]t+   
aft] ,paym5ts to ,social ,security ,tru/
 ,funds 7#bh-jdjd-j-a-fea74 ! foll[+3   
,paym5ts to ,/ates pursuant to section  
#aje7;a77#b77;,a7 ( ! ,gulf ( ,mexico   
,en]gy ,security ,act ( #bjjf 7,public  
,law #aji-dcb2 #dc ,u4,s4,c4 #acca note7
 7#jad-eece-j-b-cjb74 4  7b7            
,applicability ,! am5dm5t made by ?is   
section %all apply to any seque/ration  
ord] issu$ "u ! ,balanc$ ,budget &      
,em]g5cy ,deficit ,control ,act ( #aihe 
7#b ,u4,s4,c4 #ijj et seq47 on or aft] !
 date ( enactm5t ( ?is ,act4  ,,ii      
,alaska out] ,cont95tal ,%elf rev5ues   
#bja4 ,def9itions ,9 ?is title3 7#a7    
,coa/al political subdivision ,! t]m    
coa/al political subdivision means--    

7,a7 a c\nty-equival5t subdivision ( !  
,/ate-- 7i7 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 #adec77 ( ! ,/ate2 &     
7ii7 ! close/ coa/al po9t ( :i* is n m  
?an #bjj nautical miles f ! geographical
 c5t] ( any leas$ tract 9 ! ,alaska out]
 ,cont95tal ,%elf region2 &  7,b7 a     
municipal subdivision ( ! ,/ate t is    
det]m9$ by ! ,/ate to be a significant  
/ag+ area = oil & gas s]vic+1 supply    
vessels1 op]ations1 suppli]s1 or work]s4
  7#b7 ,in/itution ( high] education ,! 
t]m in/itution ( high] education has !  
mean+ giv5 ! t]m 9 section #ajb ( !     
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajjb74  7#c7 ,qualifi$       
rev5ues  7,a7 ,9 g5]al ,! t]m qualifi$  
rev5ues means all rev5ues d]iv$ f all   
r5tals1 royalties1 bonus bids1 & o!r    
sums due & payable to ! ,unit$ ,/ates f 
en]gy developm5t 9 ! ,alaska out]       
,cont95tal ,%elf region4  7,b7          
,exclusions ,! t]m qualifi$ rev5ues does

 n include-- 7i7 rev5ues g5]at$ f leases
 subject to section #h7;g7 ( ! ,out]    
,cont95tal ,%elf ,l&s ,act 7#dc         
,u4,s4,c4 #accg7;g772 or  7ii7 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 sold4  7#d7         
,secret>y ,! t]m ,secret>y means !      
,secret>y ( ! ,int]ior4  7#e7 ,/ate ,!  
t]m ,/ate means ! ,/ate ( ,alaska4      
#bjb4 ,disposition ( qualifi$ rev5ues 9 
,alaska  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 = fiscal ye> 
#bjba & ea* fiscal ye> !reaft]1 !       
,secret>y ( ! ,treasury %all deposit--  
7#a7 #ej p]c5t ( qualifi$ rev5ues 9 !   
g5]al fund ( ! ,treasury2  7#b7 #db4e   
p]c5t ( qualifi$ rev5ues 9 a special    
acc\nt 9 ! ,treasury1 to be di/ribut$ by
 ! ,secret>y to ! ,/ate2 &  7#c7 #g4e   
p]c5t ( qualifi$ rev5ues 9 a special    
acc\nt 9 ! ,treasury1 to be di/ribut$ by

 ! ,secret>y to coa/al political        
subdivisions4  7b7 ,allocation among    
coa/al political subdivisions ,( ! am\nt
 paid by ! ,secret>y to coa/al political
 subdivisions "u subsection 7a77#c7--   
7#a7 #ij p]c5t %all be allocat$ among   
co/al political subdivisions describ$ 9 
section #bja7a77;,a7 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 & n m ?an #bjj   
miles f ! geographic c5t] ( ! leas$     
tract2 &  7#b7 #aj p]c5t %all be divid$ 
equally among ea* coa/al political      
subdivision describ$ 9 section          
#bja7a77;,b74  7c7 ,tim+ ,! am\nts      
requir$ to be deposit$ "u subsection 7a7
 = ! applicable fiscal ye> %all be made 
available 9 accordance ) t subsection   
dur+ ! fiscal ye> imm$iately foll[+ !   
applicable fiscal ye>4  7d7 ,au?oriz$   
uses  7#a7 ,9 g5]al ,subject to p>agraph

 7#b71 ! ,/ate %all use all am\nts      
receiv$ "u subsection 7a77#b7 9         
accordance ) all applicable ,f$]al &    
,/ate laws1 = #a or m ( ! foll[+        
purposes3 7,a7 ,projects & activities = 
! purposes ( coa/al protection1         
cons]vation1 & re/oration1 includ+      
on%ore infra/ructure & relocation (     
communities directly affect$ by coa/al  
erosion1 melt+ p]mafro/1 or climate     
*ange-relat$ losses4  7,b7 ,mitigation (
 damage to fi%1 wildlife1 or natural    
res\rces4  7,c7 ,mitigation ( ! impact (
 out] ,cont95tal ,%elf activities ?r\gh 
! fund+ ( on%ore infra/ructure projects 
& relat$ rights-(-way4  7,d7 ,adaptation
 plann+1 vuln]ability assessm5ts1 &     
em]g5cy prep>$ness assi/ance to build   
heal?y & resili5t communities4  7,e7    
,in/allation & op]ation ( en]gy sy/ems  
to r$uce en]gy co/s & gre5h\se gas      
emissions comp>$ to sy/ems 9 use z ( !  
date ( enactm5t ( ?is ,act4  7,f7       
,programs at in/itutions ( high]        
education 9 ! ,/ate4  7,g7 ,o!r         

purposes1 z det]m9$ by ! ,gov]nor ( !   
,/ate1 ) approval f ! ,/ate legislature4
  7,h7 ,plann+ assi/ance & !            
adm9i/rative co/s ( comply+ ) ?is       
section4  7#b7 ,limitation ,n m ?an #c  
p]c5t ( am\nts receiv$ by ! ,/ate "u    
subsection 7a77#b7 may be us$ = !       
purposes describ$ 9 p>agraph 7#a77;,h74 
7e7 ,adm9i/ration ,am\nts made available
 "u p>agraphs 7#b7 & 7#c7 ( subsection  
7a7 %all-- 7#a7 be made available1 )\t  
fur!r appropriation1 9 accordance ) ?is 
section2  7#b7 rema9 available until    
exp5d$2 &  7#c7 be 9 addition to any    
am\nts appropriat$ "u any o!r provision 
( law4  ,,iii ,/ate m9]al rev5ue        
protection  #cja4 ,elim9ation (         
adm9i/rative fee  7a7 ,9 g5]al ,section 
#ce ( ! ,m9]al ,leas+ ,act 7#cj         
,u4,s4,c4 #aia7 is am5d$-- 7#a7 9       
subsection 7a71 9 ! fir/ s5t5ce1 by     
/rik+ 1 subject to ! provisions (       
subsection 7b712  7#b7 by /rik+         
subsection 7b72  7#c7 by r$esignat+     
subsections 7c7 & 7d7 z subsections 7b7 

& 7c71 respectively2  7#d7 9 subsection 
7b77#c77;,b77ii7 7z s r$esignat$71 by   
/rik+ subsection 7d7 & ins]t+ subsection
 7c72 &  7#e7 9 subsection              
7c77#c77;,a77ii7 7z s r$esignat$71 by   
/rik+ subsection 7c77#b77;,b7 & ins]t+  
subsection 7b77#b77;,b74  7b7 ,con=m+   
am5dm5ts  7#a7 ,section #f7;a7 ( !      
,m9]al ,leas+ ,act = ,acquir$ ,l&s 7#cj 
,u4,s4,c4 #cee7;a77 is am5d$-- 7,a7 9 ! 
fir/ s5t5ce1 by /rik+ ,subject to !     
provisions ( section #ce7;b7 ( ! ,m9]al 
,leas+ ,act 7#cj ,u4,s4,c4 #aia7;b771   
all & ins]t+ ,all2 &  7,b7 9 ! second   
s5t5ce1 by /rik+ ( ! ,act ( ,febru>y    
#be1 #aibj 7#da ,/at4 #dej2 #cj         
,u4,s4,c4 #aia7 & ins]t+ ( ! ,m9]al     
,leas+ ,act 7#cj ,u4,s4,c4 #aia74  7#b7 
,section #bj7;a7 ( ! ,geo!rmal ,/eam    
,act ( #aigj 7#cj ,u4,s4,c4 #ajai7;a77  
is am5d$ 9 ! matt] prec$+ p>agraph 7#a71
 9 ! second s5t5ce1 by /rik+ !          
provisions ( subsection 7b7 ( section   
#ce ( ! ,m9]al ,leas+ ,act 7#cj         
,u4,s4,c4 #aia7;b77 &4  7#c7 ,section   

#bje7;f7 ( ! ,f$]al ,oil & ,gas ,royalty
 ,managem5t ,act ( #aihb 7#cj ,u4,s4,c4 
#agce7;f77 is am5d$ by /rik+ ! f\r?1    
fif?1 & six? s5t5ces4  ,febru>y #be1    
#bjbj,report$ ) am5dm5ts