Sec. 3. Gulf of Mexico outer Continental Shelf revenues
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Section 102(9)(A) of the Gulf of Mexico Energy Security Act of 2006 ( 43 U.S.C. 1331 note; Public Law 109–432 ) is amended— in clause (i)(II), by striking and after the semicolon; and by striking clause
(ii)and inserting the following: with respect to amounts disbursed under subparagraphs
(A)and
(B)of section 105(a)(2)— in the case of each of fiscal years 2017 through 2021, all rentals, royalties, bonus bids, and other sums due and payable to the United States received on or after October 1, 2016, from leases entered into on or after December 20, 2006, for— the 181 Area; the 181 South Area; and the 2002–2007 planning area; and in the case of fiscal year 2022 and each fiscal year thereafter, all rentals, royalties, bonus bids, and other sums due and payable to the United States received on or after October 1, 2021, from leases entered into on or after October 1, 2000, for— the 181 Area; the 181 South Area; and the 2002–2007 planning area; and with respect to amounts disbursed under section 105(a)(2)(C), in the case of fiscal year 2017 and each fiscal year thereafter, all rentals, royalties, bonus bids, and other sums due and payable to the United States received on or after October 1, 2016, from leases entered into on or after December 20, 2006, for— the 181 Area; the 181 South Area; and the 2002–2007 planning area. . 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 25 ; and in paragraph (2)— in the matter preceding subparagraph (A), by striking 50 and inserting 75 ; in subparagraph (A)— by striking 75 percent and inserting ; and 2/3 by striking and after the semicolon; in subparagraph (B), by striking 25 percent and inserting ; 1/6 by redesignating subparagraph
(B)as subparagraph (C); and by inserting after subparagraph
(A)the following: 1/6 to the National Oceans and Coastal Security Fund established under section 904(a) of the National Oceans and Coastal Security Act ( 16 U.S.C. 7503(a) ). . Section 200304(b) of title 54, United States Code, is amended, in the matter preceding paragraph (1), by striking 105(a)(2)(B) and inserting 105(a)(2)(C) . 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
(A)through
(C)and inserting the following: $500,000,000 for each of fiscal years 2016 through 2019; and $650,000,000 for each of fiscal years 2020 and 2021. ; in paragraph (2), by striking 2055 and inserting 2021 ; and in paragraph (3), by striking and
(B)and inserting , (B), and
(C). Section 255(g)(1)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 905(g)(1)(A) ) is amended by inserting after Payments to Social Security Trust Funds (28–0404–0–1–651). the following: Payments to States pursuant to section 105(a)(2)(A) of the Gulf of Mexico Energy Security Act of 2006 ( Public Law 109–432 ; 43 U.S.C. 1331 note) (014–5535–0–2–302). . The amendment made by this subsection shall apply to any sequestration order issued under the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 900 et seq. ) on or after the date of enactment of this Act.
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- Pub. L. 109-432
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Sec. 3
Gulf of Mexico outer Continental Shelf revenues
Pub. L.Pub. L. 109-432
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