Sec. 6. Disposition of revenues
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Notwithstanding section 9 of the Outer Continental Shelf Lands Act ( 43 U.S.C. 1338 ), for each of fiscal years 2017 through 2022, the Secretary 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 from which the Secretary shall disburse amounts to the States in accordance with subsection (b). Subject to paragraphs
(2)and (3), effective for each of fiscal years 2017 through 2022, the Secretary of the Treasury shall allocate the qualified revenues described in subsection (a)(2) to each State in amounts (based on a formula established by the Secretary, by regulation) that are inversely proportional to the respective distances between— the point on the coastline of each State that is closest to the geographical center of the applicable leased tract; and the geographical center of that leased tract. The amount allocated to a State for each fiscal year under paragraph
(1)shall be not less than 10 percent of the amounts available under subsection (a)(2). Of the amounts received by a State under paragraph (1), the State shall use, at the discretion of the Governor of the State— 10 percent— to enhance State land and water conservation efforts; to improve State public transportation projects; to establish alternative, renewable, and clean energy production and generation within each State; and to enhance beach nourishment and costal dredging; 2.5 percent to enhance geological and geophysical education for the energy future of the United States in accordance with section 7.
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Sec. 6
Disposition of revenues
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