Sec. 50105. National Petroleum Reserve–Alaska
440 words·~2 min read·
/bill/119/hr/1/enr/section-50105·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this section: The term NPR–A final environmental impact statement means the final environmental impact statement published by the Bureau of Land Management entitled National Petroleum Reserve in Alaska Integrated Activity Plan Final Environmental Impact Statement and dated June 2020, including the errata sheet dated October 6, 2020, and excluding the errata sheet dated September 20, 2022. The term NPR–A record of decision means the record of decision published by the Bureau of Land Management entitled National Petroleum Reserve in Alaska Integrated Activity Plan Record of Decision and dated December 2020.
The term Program means the competitive oil and gas leasing, exploration, development, and production program established under section 107 of the Naval Petroleum Reserves Production Act of 1976 ( 42 U.S.C. 6506a ). The term Secretary means the Secretary of the Interior. Effective beginning on the date of enactment of this Act, the Secretary shall expeditiously restore and resume oil and gas lease sales under the Program for domestic energy production and Federal revenue in the areas designated for oil and gas leasing as described in the NPR–A final environmental impact statement and the NPR–A record of decision.
Subject to paragraph (2), the Secretary shall conduct not fewer than 5 lease sales under the Program by not later than 10 years after the date of enactment of this Act. In conducting the lease sales required under paragraph (1), the Secretary shall offer not fewer than 4,000,000 acres in each lease sale. The Secretary shall offer— an initial lease sale under paragraph
(1)not later than 1 year after the date of enactment of this Act; and an additional lease sale under paragraph
(1)not later than every 2 years after the date of enactment of this Act. In conducting lease sales under subsection (c), the Secretary shall offer the same lease form, lease terms, economic conditions, and stipulations as described in the NPR–A final environmental impact statement and the NPR–A record of decision. Section 107(l) of the Naval Petroleum Reserves Production Act of 1976 ( 42 U.S.C. 6506a(l) ) is amended— by striking All receipts from and inserting the following: Except as provided in paragraph (2), all receipts from ; and by adding at the end the following: Beginning in fiscal year 2034, of the receipts from sales, rentals, bonuses, and royalties on leases issued pursuant to this section after the date of enactment of the Act entitled An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14 (119th Congress)— 70 percent shall be paid to the State of Alaska; and 30 percent shall be paid into the Treasury of the United States. .
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 50105
National Petroleum Reserve–Alaska
Cites 1Cited by 0 across 0 sources