,i #aai? ,,congress #b;d ,session ,h4 ,r4 #ajbef ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #c1 #bjbf,ms4 ,dext] 7= h]self1 ,ms4 ,bonamici1 ,mr4 ,huffman1 ,ms4 ,norton1 ,mr4 ,?an$>1 ,mr4 ,m91 ,mr4 ,tonko1 ,ms4 ,simon1 ,ms4 ,br[nley1 ,mr4 ,kri%namoor?i1 ,ms4 ,r&all1 ,ms4 ,ans>i1 ,mr4 ,coh51 ,ms4 ,mc,collum1 ,ms4 ,sal9as1 ,mr4 ,mull91 ,mrs4 ,grijalva1 ,mr4 ,v>gas1 ,mr4 ,lev91 & ,mr4 ,licc>do7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,natural ,res\rces ,a ,,bill ,to am5d ! ,en]gy ,policy ,act ( #bjje & c]ta9 m9]al leas+ laws to re=m oil & gas royalty relief1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,taxpay] ,relief f ,big ,oil ,act4 #b4 ,royalty relief re=m 7a7 ,gulf ( mexico royalty relief 7#a7 ,repeal ,section #cdd ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #aeijd7 is repeal$4 7#b7 ,regulations ,any regulations issu$ "u section #cdd ( ! ,en]gy ,policy ,act ( #bjje be=e ! date ( enactm5t ( ?is section %all h no =ce or effect4 7b7 ,alaska royalty relief 7#a7 ,provisions relat+ to plann+ areas (f%ore alaska ,section #h7;a77#c77;,b7 ( ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #accg7;a77#c77;,b77 is am5d$ by /rik+ & 9 ! ,plann+ ,areas (f%ore ,alaska aft] ,we/ longitude4 7#b7 ,provisions relat+ to naval petroleum res]ve 9 alaska ,! ,naval ,petroleum ,res]ves ,production ,act ( #aigf is am5d$-- 7,a7 9 section #ajd7;a7 7#db ,u4,s4,c4 #fejd7;a77 by /rik+ to ! ext5t consi/5t ) ! requirem5ts ( ?is ,act = ! exploration ( ! res]ve2 & 7,b7 9 section #ajg 7#db ,u4,s4,c4 #fejf;a7-- 7i7 9 subsection 7i7-- 7,i7 by /rik+ 7#a7 ,9 g5]al4--2 & 7,,ii7 by /rik+ p>agraphs 7#b7 ?r\gh 7#f72 7ii7 by /rik+ subsection 7k72 & 7iii7 by r$esignat+ subsections 7l7 ?r\gh 7p7 z subsections 7k7 ?r\gh 7o71 respectively4 7c7 ,royalty relief report ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 & annually !reaft]1 ! ,director ( ! ,bureau ( ,l& ,managem5t & ! ,director ( ! ,bureau ( ,ocean ,en]gy ,managem5t %all submit to ! ,committee on ,natural ,res\rces ( ! ,h\se ( ,repres5tatives & ! ,committee on ,en]gy & ,natural ,res\rces ( ! ,s5ate a report detail+1 ) respect to ! prec$+ ye>-- 7#a7 ! numb] ( on%ore & (f%ore oil & gas royalty relief applicants2 7#b7 ! numb] ( on%ore & (f%ore oil & gas royalty relief applications approv$ or d5i$ & any reason+ provid$ by ! ag5cy = approvals2 7#c7 ! numb] ( wells approv$ & d5i$ = royalty relief2 7#d7 ! numb] ( wells approv$ = royalty relief t produc$ oil or gas dur+ ! p]iod ( #f mon?s beg9n+ on ! date on :i* an application = royalty relief = ! well 0 made2 7#e7 ! av]age am\nt ( production f wells = :i* royalty relief 0 approv$2 7#f7 ! l5g? ( royalty relief p]iods2 7#g7 ! new royalty rate = approv$ applications2 & 7#h7 any e/imates ( ! diff]5ce 9 rev5ue & production result+ f ! approv$ royalty relief4 #c4 ,/&>diz$ oil & gas transportation all[ance 7a7 ,9 g5]al ,n lat] ?an "o ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ! ,int]ior1 act+ ?r\gh ! ,(fice ( ,natural ,res\rces ,rev5ue1 %all issue or revise regulations to e/abli% /&>diz$ transportation all[ances = ! calculation ( oil & gas royalties =-- 7#a7 ea* ,bureau ( ,l& ,managem5t oil & gas adm9i/rative b\nd>ies2 & 7#b7 ea* ,out] ,cont95tal ,%elf plann+ area 9 :i* oil or gas is produc$4 7b7 ,maximum transportation all[ance ,ea* /&>diz$ transportation all[ance e/abli%$ by regulation "u subsection 7a7 %all n exce$ ! less] (-- 7#a7 ! am\nt t is equal to #cj p]c5t ( ! total value ( ! oil & gas t is produc$2 & 7#b7 ! am\nt t is equal to actual & reasonable transportation co/s4