Sec. 218. Increasing funding for coastal conservation and resilience
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/bill/117/hr/3764/rh/section-218A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 8(p)(2) of the Outer Continental Shelf Lands Act ( 43 U.S.C. 1337(p)(2) ) is amended by adding at the end the following: With respect to a lease under this subsection for the production of wind energy, 30 percent of the revenue received by the Federal Government as a result of payments from such lease shall be deposited in the National Oceans and Coastal Security Fund established by section 904 of the National Oceans and Coastal Security Act ( 16 U.S.C. 7503 ). .
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