Sec. 102. Disposition of qualified outer Continental Shelf revenues
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Section 105(a) of the Gulf of Mexico Energy Security Act of 2006 ( 43 U.S.C. 1331 note; Public Law 109–432 ) is amended— in paragraph (1), by striking 50 and inserting 37.5 ; and in paragraph (2)— in the matter preceding subparagraph (A), by striking 50 and inserting 62.5 ; in subparagraph (A), by striking 75 and inserting 80 ; and in subparagraph (B), by striking 25 and inserting 20 . Section 105(d)(1) of the Gulf of Mexico Energy Security Act of 2006 ( 43 U.S.C. 1331 note; Public Law 109–432 ) is amended by adding at the end the following:
Planning, engineering, design, construction, operations, and maintenance of 1 or more projects that are specifically authorized by any other Act for ecosystem restoration, hurricane protection, or flood damage prevention. .
(b)Limitations on amount of distributed qualified outer Continental Shelf revenues Section 105(f) of the Gulf of Mexico Energy Security Act of 2006 ( 43 U.S.C. 1331 note; Public Law 109–432 ) is amended— in paragraph (1)— by striking subparagraphs
(B)and (C); in subparagraph (A), by striking the semicolon at the end and inserting a period; and beginning in the matter preceding subparagraph (A), by striking exceed— and all that follows through for each in subparagraph
(A)and inserting the following: exceed $500,000,000 for each ; and in paragraph (2), by striking 2055 and inserting 2019 .
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- Pub. L. 109-432
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