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Code · BILL · 113th Congress · S. 1024 (Introduced in Senate) — To provide for the inclusion of Lease Sale 220 in the outer Continental Shelf leasing program for fiscal years 2012–2... · Sec. 3

Sec. 3. Outer continental shelf energy leases off the coast of the State of Virginia

244 words·~1 min read·/bill/113/s/1024/is/section-3

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In carrying out the outer Continental Shelf leasing program for fiscal years 2012–2017 prepared under section 18 of the Outer Continental Shelf Lands Act (43 U.S.C. 1344), the Secretary shall— include in the schedule of proposed lease sales— Lease Sale 220; and any areas off the coast of the State that are included in the Mid-Atlantic planning area as a result of the revision to the map under section 4(b); and provide that the Secretary shall not make any tract available for lease under paragraph
(1)if the President, in consultation with the Committees on Armed Services of the Senate and the House of Representatives, determines that the lease of that tract would conflict with military operations relating to national security. Notwithstanding section 9 of the Outer Continental Shelf Lands Act ( 43 U.S.C. 1338 ) and subject to the provisions of this section, for each applicable fiscal year, the Secretary of the Treasury shall deposit— 50 percent of any qualified revenues in the general fund of the Treasury; and 50 percent of any qualified revenues in a special account in the Treasury to be used for the purposes described in paragraph (2). Of the qualified revenues described in paragraph (1)(B)— 75 percent shall be disbursed to the State; and 25 percent shall be used, at the discretion of the President— to enhance State land and water conservation efforts; to improve State public transportation projects; and to establish State alternative and renewable energy systems.
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Sec. 3
Outer continental shelf energy leases off the coast of the State of Virginia
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