,,ii  #aag? ,,congress  #a/ ,session    
,s4 #biif  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,octob] #ai1 #bjba,ms4 
,murk[ski 7= h]self & ,mr4 ,sullivan7   
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on ,en]gy
 & ,natural ,res\rces  ,a ,,bill  ,to   
provide = ! di/ribution ( c]ta9 out]    
,cont95tal ,%elf rev5ues to ! ,/ate (   
,alaska1 & = o!r purposes4  #a4 ,%ort   
title ,?is ,act may be cit$ z ! ,alaska 
,(f%ore ,p>ity ,act4  #b4 ,def9itions ,9
 ?is ,act3 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  #c4 
,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> 
#bjbb & 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 #b7a77;,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          
#b7a77;,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