,,ii #aafth ,,congress #b;d ,session ,s4 #cdhe ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #ab1 #bjbj,mr4 ,whitehouse 7for himself1 ,mr4 ,cassidy1 and ,mr4 ,king7 introduced the following bill2 which was read twice and referred to the ,committee on ,energy and ,natural ,resources ,a ,,bill ,to expand the ,outer ,continental ,shelf ,lands ,act to expand revenue sharing for offshore wind1 to reauthorize the ,national ,oceans and ,coastal ,security ,act1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,opening ,federal ,financial ,sharing to ,heighten ,opportunities for ,renewable ,energy ,act of #bjbj or the ,,offshore ,act of #bjbj4 #b4 ,national ,oceans and ,coastal ,security ,fund 7a7 ,repeal of authorization of appropriations for fiscal years #bjag1 #bjah1 and #bjai ,section #ijh of the ,national ,oceans and ,coastal ,security ,act 7#af ,u4,s4,c4 #gejg7 is repealed4 7b7 ,deposits ,section #ijd of the ,national ,oceans and ,coastal ,security ,act 7#af ,u4,s4,c4 #gejc7 is amended-- 7#a7 in subsection 7b71 by striking paragraph 7#a7 and inserting the following3 7#a7 ,in general ,the ,fund shall consist of such amounts as-- 7,a7 are deposited in the ,fund under subparagraph 7,c7 of section #h7p77#b7 of the ,outer ,continental ,shelf ,lands ,act 7#dc ,u4,s4,c4 #accg7p77#b772 or 7,b7 are appropriated or otherwise made available for the ,fund4 2 and 7#b7 in subsection 7d71 in the matter preceding paragraph 7#a71 by inserting 1 and amounts appropriated or otherwise made available for1 before the ,fund4 #c4 ,extension of ,constitution1 laws1 and jurisdiction of the ,united ,states to energy facilities and devices on the ,outer ,continental ,shelf ,section #d7;a77#a7 of the ,outer ,continental ,shelf ,lands ,act 7#dc ,u4,s4,c4 #accc7;a77#a77 is amended-- 7#a7 by inserting or producing or supporting the production of energy from sources other than oil and gas before 1 or any such installation2 7#b7 by inserting or transmitting energy after transporting such resources2 and 7#c7 in the proviso1 by inserting and other energy after ,that mineral4 #d4 ,parity in offshore wind revenue sharing ,section #h7p77#b7 of the ,outer ,continental ,shelf ,lands ,act 7#dc ,u4,s4,c4 #accg7p77#b77 is amended-- 7#a7 in subparagraph 7,a71 by striking 7,a7 ,the ,secretary and inserting the following3 7,a7 ,in general ,subject to subparagraphs 7,b7 and 7,c71 the ,secretary 2 7#b7 in subparagraph 7,b71 by striking 7,b7 ,the ,secretary and inserting the following3 7,b7 ,disposition of revenues for projects located within #c nautical miles seaward of ,state submerged land ,the ,secretary 2 and 7#c7 by adding at the end the following3 7,c7 ,disposition of revenues for offshore wind projects in certain areas 7i7 ,definitions ,in this subparagraph3 7,i7 ,covered offshore wind project ,the term covered offshore wind project means a wind-powered electric generation project in a wind energy area on the outer ,continental ,shelf that is not wholly or partially located within an area subject to subparagraph 7,b74 7,,ii7 ,eligible ,state ,the term eligible ,state means a ,state a point on the coastline of which is located within #ge miles of the geographic center of the covered offshore wind project4 7ii7 ,requirement 7,i7 ,in general ,of the operating fees1 rentals1 bonuses1 royalties1 and other payments that are paid to the ,secretary under subparagraph 7,a7 from covered offshore wind projects-- 7aa7 #ej percent shall be deposited in the ,treasury and credited to miscellaneous receipts2 7bb7 #ab4e percent shall be deposited in the ,national ,oceans and ,coastal ,security ,fund established under section #ijd7;a7 of the ,national ,oceans and ,coastal ,security ,act 7#af ,u4,s4,c4 #gejc7;a772 and 7cc7 #cg4e percent shall be deposited in a special account in the ,treasury1 from which the ,secretary1 subject to subclause 7,,ii71 shall disburse to each eligible ,state an amount 7based on a formula established by the ,secretary of the ,interior by rulemaking not later than #ahj days after the date of enactment of the ,,offshore ,act of #bjbj7 that is inversely proportional to the respective distances between-- 7,,aa7 the point on the coastline of each eligible ,state that is closest to the geographic center of the applicable leased tract2 and 7,,bb7 the geographic center of the leased tract4 7,,ii7 ,minimum allocation ,the amount allocated to an eligible ,state each fiscal year under item 7cc7 of subclause 7,i7 shall be at least #aj percent of the amounts available under that item4 7iii7 ,timing ,the amounts required to be deposited under item 7cc7 of clause 7ii77,i7 for the applicable fiscal year shall be made available in accordance with that item during the fiscal year immediately following the applicable fiscal year4 7iv7 ,authorized uses 7,i7 ,in general ,subject to subclause 7,,ii71 each ,state shall use all amounts received under clause 7ii77,i77cc7 in accordance with all applicable ,federal and ,state laws1 only for one or more of the following purposes3 7aa7 ,projects and activities for the purposes of coastal protection1 including conservation1 coastal restoration1 hurricane protection1 and infrastructure directly affected by coastal wetland losses4 7bb7 ,mitigation of damage to fish1 wildlife1 or natural resources4 7cc7 ,implementation of a federally approved marine1 coastal1 or comprehensive conservation management plan4 7dd7 ,mitigation of the impact of outer ,continental ,shelf activities through the funding of onshore infrastructure projects4 7ee7 ,planning assistance and the administrative costs of complying with this section4 7,,ii7 ,limitation ,of the amounts received by a ,state under clause 7ii77,i77cc71 not more than #c percent shall be used for the purposes described in subclause 7,i77ee74 7v7 ,administration ,subject to clause 7vi77,,iii71 amounts made available under clause 7ii77,i7 shall-- 7,i7 be made available1 without further appropriation1 in accordance with this paragraph2 7,,ii7 remain available until expended2 and 7,,iii7 be in addition to any amount appropriated under any other ,act4 7vi7 ,reporting requirement 7,i7 ,in general ,not later than #ahj days after the end of each fiscal year1 the ,governor of each eligible ,state that receives amounts under clause 7ii77,i77cc7 for the applicable fiscal year shall submit to the ,secretary a report that describes the use of the amounts by the eligible ,state during the period covered by the report4 7,,ii7 ,public availability ,on receipt of a report under subclause 7,i71 the ,secretary shall make the report available to the public on the website of the ,department of the ,interior4 7,,iii7 ,limitation ,if the ,governor of an eligible ,state that receives amounts under clause 7ii77,i77cc7 for the applicable fiscal year fails to submit the report required under subclause 7,i7 by the deadline specified in that subclause1 any amounts that would otherwise be provided to the eligible ,state under clause 7ii77,i77cc7 for the succeeding fiscal year shall be deposited in the ,national ,oceans and ,coastal ,security ,fund established under section #ijd7;a7 of the ,national ,oceans and ,coastal ,security ,act 7#af ,u4,s4,c4 #gejc7;a774 4 #e4 ,exemption of certain payments from sequestration 7a7 ,in general ,section #bee7;g77#a77;,a7 of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe 7#b ,u4,s4,c4 #ije7;g77#a77;,a77 is amended by inserting after ,payments to ,social ,security ,trust ,funds 7#bh-jdjd-j-a-fea74 the following3 ,payments to ,states pursuant to subparagraph 7,c77ii77,i77cc7 of section #h7p77#b7 of the ,outer ,continental ,shelf ,lands ,act 7#dc ,u4,s4,c4 #accg7p77#b774 4 7b7 ,applicability ,the amendment made by this section shall apply to any sequestration order issued under the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe 7#b ,u4,s4,c4 #ijj et seq47 on or after the date of enactment of this ,act4