Code · BILL · 113th Congress · S. 278 (Introduced in Senate) — To replace the Budget Control Act sequester for fiscal year 2013 by eliminating tax loopholes. · Sec. 406

Sec. 406. Repeal of outer Continental Shelf deep water and deep gas royalty relief

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Sections 344 and 345 of the Energy Policy Act of 2005 (42 U.S.C. 15904, 15905) are repealed. The Secretary of the Interior shall not be required to provide for royalty relief in the lease sale terms beginning with the first lease sale held on or after the date of enactment of this Act for which a final notice of sale has not been published.

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U.S. Code

Incentives for natural gas production from deep wells in the shallow waters of the Gulf of Mexico
§ 15904

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Sec. 406

Repeal of outer Continental Shelf deep water and deep gas royalty relief

U.S.C.§ 15904

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