S.Amdt. 5322

1. Adds SEC. 1083. DISPOSITION OF QUALIFIED OIL SHALE RESERVE RECEIPTS at the end of subtitle G of title X

   Adds a section

   In S. 3001 · Placed on Calendar Senate

   (2) in paragraph (2), by striking "implemented" and inserting "developed".

   Inserted: SEC. 1083. DISPOSITION OF QUALIFIED OIL SHALE RESERVE RECEIPTS.

   Inserted: Section 7439 of title 10, United States Code, is amended--

   Inserted: (1) in subsection (f)--

   Inserted: (A) in paragraph (1)--

   Inserted: (i) by striking "(1) Notwithstanding" and inserting the following:

   Inserted: "(1) In general.--Notwithstanding"; and

   Inserted: (ii) by striking "specified in paragraph (2)" and inserting "beginning on November 18, 1997, and ending on the date of enactment of the National Defense Authorization Act for Fiscal Year 2009"; and

   Inserted: (B) by striking paragraph (2) and inserting the following:

   Inserted: "(2) Mineral leasing act.--Beginning on the date of enactment of the National Defense Authorization Act for Fiscal Year 2009, any amounts received by the United States from a lease under this section (including amounts in the form of sales, bonuses, royalties (including interest charges collected under the Federal Oil and Gas Royalty Management Act of 1982 (30 U.S.C. 1701 et seq.)), and rentals) shall be deposited in the Treasury of the United States, for use in accordance with section 35 of the Mineral Leasing Act (30 U.S.C. 191)."; and

   Inserted: (2) by striking subsection (g) and inserting the following:

   Inserted: "(g) Use of Revenues.--

   Inserted: "(1) In general.--Of the amounts deposited in the Treasury under subsection (f)(1)--

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   Inserted: "(A) 50 percent shall be transferred by the Secretary of the Treasury to the Secretary of the Interior, for use in accordance with paragraph (2); and

   Inserted: "(B) 50 percent shall be distributed by the Secretary of the Treasury to Garfield, Rio Blanco, Moffat, and Mesa Counties in the State of Colorado, in accordance with paragraph (3).

   Inserted: "(2) Use of federal funds.--

   Inserted: "(A) In general.--Amounts transferred under paragraph (1)(A) shall be used by the Secretary of the Interior for the costs of all environmental restoration, waste management, and environmental compliance activities incurred by the United States with respect to the remediation of the land transferred under subsection (a), including the former Anvil Points oil shale facility in the State of Colorado.

   Inserted: "(B) Deposit in treasury.--On completion of the remediation of the former Anvil Points oil shale facility, the Secretary of the Interior shall return any remaining amounts transferred under paragraph (1)(A) to the Treasury of the United States, for use in accordance with section 35 of the Mineral Leasing Act (30 U.S.C. 191).

   Inserted: "(3) Use of county funds.--

   Inserted: "(A) In general.--Of the amounts to be distributed under paragraph (1)(B), the Secretary of the Treasury shall transfer--

   Inserted: "(i) 40 percent to Garfield County, Colorado;

   Inserted: "(ii) 40 percent to Rio Blanco County, Colorado;

   Inserted: "(iii) 10 percent to Moffat County, Colorado; and

   Inserted: "(iv) 10 percent to Mesa County, Colorado.

   Inserted: "(B) Authorized uses.--The amounts provided to the counties under subparagraph (A) shall be used by the counties, or any cities or political subdivisions within the counties to which the funds are transferred by the counties, to mitigate the effects of oil and gas development activities within the affected counties, cities, or political subdivisions.

   Inserted: "(C) Limitation.--Amounts provided to the counties under subparagraph (A) shall not be considered for purpose of calculating payments for the counties under chapter 69 of title 31, United States Code.".

   Original wording

   At the end of subtitle G of title X, add the following:

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As printed