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Code · BILL · 113th Congress · H.R. 1881 (Introduced in House) — To stimulate the economy, produce domestic energy, and create jobs at no cost to the taxpayers, and without borrowing... · Sec. 102

Sec. 102. Lease sales

256 words·~1 min read·/bill/113/hr/1881/ih/section-102

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Except as otherwise provided in this section, not later than 180 days after the date of enactment of this Act and every 270 days thereafter, the Secretary of the Interior (referred to in this section as the Secretary ) shall conduct a lease sale in each outer Continental Shelf planning area for which the Secretary determines that there is a commercial interest in purchasing Federal oil and gas leases for production on the outer Continental Shelf. If the Secretary determines that there is not a commercial interest in purchasing Federal oil and gas leases for production on the outer Continental Shelf in a planning area under this section, not later than 2 years after the date of enactment of the determination and every 2 years thereafter, the Secretary shall— determine whether there is a commercial interest in purchasing Federal oil and gas leases for production on the outer Continental Shelf in the planning area; and if the Secretary determines that there is a commercial interest described in subsection (a), conduct a lease sale in the planning area.
If a planning area for which there is a commercial interest described in subsection
(a)was not included in a 5-year lease program, the Secretary shall include leasing in the planning area in the subsequent 5-year lease program. If a person petitions the Secretary to conduct a lease sale for an outer Continental Shelf planning area in which the person has a commercial interest, the Secretary shall conduct a lease sale for the area in accordance with subsection (a).
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