S. 3026 — Introduced in Senate

II 118th CONGRESS 1st Session S. 3026 IN THE SENATE OF THE UNITED STATES October 4, 2023Mr. Welch (for himself, Mr. Merkley, and Mr. Sanders) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources A BILL To amend the Inflation Reduction Act of 2022 to repeal restrictions on offshore wind leasing. 1. Short title This Act may be cited as the Nonrestrictive Offshore Wind Act or the NOW Act. 2. Repeal of offshore wind leasing restrictions (a) Limitation on issuance of certain leases or rights-of-Way Section 50265(b) of Public Law 117–169 (commonly known as the Inflation Reduction Act of 2022) (43 U.S.C. 3006(b)) is amended— (1) by striking paragraph (2); (2) in paragraph (1), by striking this Act in the matter preceding paragraph (1) and all that follows through (1) the Secretary may in paragraph (1) and inserting this Act, the Secretary may; (3) by redesignating subparagraphs (A) and (B) as paragraphs (1) and (2), respectively, and indenting appropriately; and (4) in paragraph (2) (as so redesignated), by redesignating clauses (i) and (ii) as subparagraphs (A) and (B), respectively, and indenting appropriately. (b) Conforming amendments Section 50265 of Public Law 117–169 (commonly known as the Inflation Reduction Act of 2022) (43 U.S.C. 3006) is amended— (1) in subsection (a)— (A) by striking paragraph (2); and (B) by redesignating paragraph (3) as paragraph (2); and (2) in subsection (c), by striking paragraphs (1) and (2) of.