Limitations on amount of distributed qualified outer Continental Shelf revenues
Title VIII — Committee on Natural Resources › Subtitle A — Energy and Mineral Resources › Part 7 — Offshore oil and gas leasing
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No wording changed between Committee version and Passed the House.
How the text changed
Section 105(f)(1) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note) is amended— (1) in subparagraph (B), by striking and at the end; (2) in subparagraph (C), by striking 2055. and inserting 2024;; and (3) by adding at the end the following: (D) $650,000,000 for each of fiscal years 2025 through 2034; and (E) $500,000,000 for each of fiscal years 2035 through 2055..
Section 105(f)(1) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note) is amended— (1) in subparagraph (B), by striking and at the end; (2) in subparagraph (C), by striking 2055. and inserting 2024;; and (3) by adding at the end the following: (D) $650,000,000 for each of fiscal years 2025 through 2034; and (E) $500,000,000 for each of fiscal years 2035 through 2055..
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