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H.R. 6763 - Domestic Offshore Energy Reinvestment Act of 2018

Introduced: 2018-09-10
Bill Status: Referred to the House Committee on Natural Resources.
 
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Full Text


115th CONGRESS
2d Session
H. R. 6763


    To amend the Gulf of Mexico Energy Security Act of 2006, and for other purposes.


IN THE HOUSE OF REPRESENTATIVES

September 10, 2018

    Mr. Graves of Louisiana introduced the following bill; which was referred to the Committee on Natural Resources


A BILL

    To amend the Gulf of Mexico Energy Security Act of 2006, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Domestic Offshore Energy Reinvestment Act of 2018”.

SEC. 2. Amendments to the Gulf of Mexico Energy Security Act of 2006.

(a) In general.—Section 105(a) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note) is amended—

(1) in paragraph (1), by striking “50” and inserting “37.5”; and

(2) in paragraph (2)—

(A) in the matter preceding subparagraph (A), by striking “50” and inserting “62.5”;

(B) in subparagraph (A), by striking “75” and inserting “80”; and

(C) in subparagraph (B), by striking “25” and inserting “20”.

(b) In general.—Section 105(d) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note) is amended—

(1) in paragraph (1) by inserting after subparagraph (E):

“(F) Planning, engineering, design, construction, operations, and maintenance of one or more projects that are specifically authorized by any other act for ecosystem restoration, hurricane protection or flood damage prevention.”; and

(2) in paragraph (2) by striking paragraph (2) and inserting:

“(2) LIMITATION.—Of the amounts received by a Gulf producing State or Coastal political subdivision under subsection (b)—

“(A) not more than 3 percent may be used for the purposes described in paragraph (1)(E); and

“(B) not less than 25 percent may be used for the purposes described in paragraph (1)(F), and shall be applied proportionally to the applicable Federal and non-Federal share pursuant to such specific project authorization.”.

(c) In general.—Section 105(f) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note) is amended by—

(1) striking paragraph (1); and

(2) redesignating paragraphs (2) and (3) as paragraphs (1) and (2).


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