Sec. 301. Disposition of Outer Continental Shelf revenues to coastal States
823 words·~4 min read·
/bill/113/hr/2231/ih/section-301A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 9 of the Outer Continental Shelf Lands Act ( 43 U.S.C. 1338 ) is amended— in the existing text— in the first sentence, by striking All rentals, and inserting the following: All rentals, ; and in subsection
(c)(as designated by the amendment made by subparagraph
(A)of this paragraph), by striking for the period from June 5, 1950, to date, and thereafter and inserting in the period beginning June 5, 1950, and ending on the date of enactment of the ; Offshore Energy and Jobs Act by adding after subsection
(c)(as so designated) the following: In this section: The term coastal State includes a territory of the United States. The term new leasing revenues — means amounts received by the United States as bonuses, rents, and royalties under leases for oil and gas, wind, tidal, or other energy exploration, development, and production on areas of the outer Continental Shelf that are authorized to be made available for leasing as a result of enactment of the Offshore Energy and Jobs Act and leasing under that Act; and does not include amounts received by the United States under any lease of an area located in the boundaries of the Central Gulf of Mexico and Western Gulf of Mexico Outer Continental Shelf Planning Areas on the date of enactment of the Offshore Energy and Jobs Act , including a lease issued before, on, or after such date of enactment. ; and by inserting before subsection
(c)(as so designated) the following: Except as provided in paragraph (2), of the amount of new leasing revenues received by the United States each fiscal year, 37.5 percent shall be allocated and paid in accordance with subsection
(b)to coastal States that are affected States with respect to the leases under which those revenues are received by the United States. Except as provided in subparagraph (B), paragraph
(1)shall be applied— with respect to new leasing revenues under leases awarded under the first leasing program under section 18(a) that takes effect after the date of enactment of the Offshore Energy and Jobs Act , by substituting 12.5 percent for 37.5 percent ; and with respect to new leasing revenues under leases awarded under the second leasing program under section 18(a) that takes effect after the date of enactment of the Offshore Energy and Jobs Act , by substituting 25 percent for 37.5 percent . This paragraph shall not apply with respect to any lease issued under title II of the Offshore Energy and Jobs Act . The amount of new leasing revenues received by the United States with respect to a leased tract that are required to be paid to coastal States in accordance with this subsection each fiscal year shall be allocated among and paid to coastal States that are within 200 miles of the leased tract, in amounts that are inversely proportional to the respective distances between the point on the coastline of each such State that is closest to the geographic center of the lease tract, as determined by the Secretary. The amount allocated to a coastal State under paragraph
(1)each fiscal year with respect to a leased tract shall be— in the case of a coastal State that is the nearest State to the geographic center of the leased tract, not less than 25 percent of the total amounts allocated with respect to the leased tract; in the case of any other coastal State, not less than 10 percent, and not more than 15 percent, of the total amounts allocated with respect to the leased tract; and in the case of a coastal State that is the only coastal State within 200 miles of a least tract, 100 percent of the total amounts allocated with respect to the leased tract. Amounts allocated to a coastal State under this subsection— shall be available to the coastal State without further appropriation; shall remain available until expended; and shall be in addition to any other amounts available to the coastal State under this Act. Except as provided in subparagraph (B), a coastal State may use funds allocated and paid to it under this subsection for any purpose as determined by the laws of that State. Funds allocated and paid to a coastal State under this subsection may not be used as matching funds for any other Federal program. . This section and the amendment made by this section shall not affect the application of section 105 of the Gulf of Mexico Energy Security Act of 2006 (title I of division C of Public Law 109–432; ( 43 U.S.C. 1331 note)), as in effect before the enactment of this Act, with respect to revenues received by the United States under oil and gas leases issued for tracts located in the Western and Central Gulf of Mexico Outer Continental Shelf Planning Areas, including such leases issued on or after the date of the enactment of this Act.
Connectionstraces to 2
Traces to 2 documents
1 reference not yet in our index
- Pub. L. 109-432
Citation graph
cites case law
Sec. 301
Disposition of Outer Continental Shelf revenues to coastal States
Pub. L.Pub. L. 109-432
Cites 3Cited by 0 across 0 sources