To provide for leasing on the outer Continental Shelf and the distribution of certain qualified revenues from such leasing.

SA 102. Mr. TILLIS (for himself and Mr. Burr) submitted an amendment
intended to be proposed by him to the bill S. 1, to approve the
Keystone XL Pipeline; which was ordered to lie on the table; as
follows:

At the appropriate place. insert the following:

TITLE ___--ATLANTIC OCS ACCESS AND REVENUE SHARE ACT OF 2015

SEC. _01. SHORT TITLE.

This title may be cited as the ``Atlantic OCS Access and
Revenue Share Act of 2015''.

SEC. _02. DEFINITIONS.

In this title:
(1) Mid-Atlantic producing state.--The term ``Mid-Atlantic
Producing State'' means each of the States of--
(A) Delaware;
(B) Maryland;
(C) North Carolina; and
(D) Virginia.
(2) Mid-Atlantic planning area.--The term ``Mid-Atlantic
Planning Area'' means the Mid-Atlantic Planning Area of the
outer Continental Shelf designated in the document entitled
``Final Outer Continental Shelf Oil and Gas Leasing Program
2012-17'' and dated June 2012.
(3) Qualified outer continental shelf revenues.--
(A) In general.--The term ``qualified outer Continental
Shelf revenues'' means all rentals, royalties, bonus bids,
and other sums due and payable to the United States from
leases entered into on or after the date of enactment of this
Act.
(B) Exclusions.--The term ``qualified outer Continental
Shelf revenues'' does not include--
(i) revenues from the forfeiture of a bond or other surety
securing obligations other than royalties, civil penalties,
or royalties taken by the Secretary in-kind and not sold; or
(ii) revenues generated from leases subject to section 8(g)
of the Outer Continental Shelf Lands Act (43 U.S.C. 1337(g)).
(4) Secretary.--The term ``Secretary'' means the Secretary
of the Interior.
(5) South atlantic producing state.--The term ``South
Atlantic Producing State'' means each of the States of--
(A) Florida;
(B) Georgia; and
(C) South Carolina.
(6) South atlantic planning area.--The term ``South
Atlantic Planning Area'' means the South Atlantic Planning
Area of the outer Continental Shelf designated in the
document entitled ``Final Outer Continental Shelf Oil and Gas
Leasing Program 2012-17'' and dated June 2012.

SEC. _03. OFFSHORE OIL AND GAS LEASING IN MID-ATLANTIC AND
SOUTH ATLANTIC PLANNING AREAS.

(a) In General.--The Secretary shall--
(1) not later than July 15, 2016, publish and submit to
Congress a new proposed oil and gas leasing program prepared
under section 18 of the Outer Continental Shelf Lands Act (43
U.S.C. 1344) for the 5-year period beginning on July 15, 2017
and ending July 15, 2022; and
(2) not later than July 15, 2017, approve a final oil and
gas leasing program under that section for that period.
(b) Inclusion of Mid-Atlantic and South Atlantic Planning
Areas.--The Secretary shall include in the program described
in subsection (a) annual lease sales in both the Mid-Atlantic
Planning Area and the South Atlantic Planning Area.
(e) Prohibition on Leasing Certain Areas.--
(1) Petition.--Notwithstanding subsections (a) and (b), the
leasing of areas within the administrative boundaries of a
Mid-Atlantic Producing State or South Atlantic Producing
State that are 30 miles or less off the coast of the State
shall be prohibited.

SEC. _04. DISPOSITION OF QUALIFIED OUTER CONTINENTAL SHELF
REVENUES FROM MID-ATLANTIC LEASING ACTIVITIES.

(a) In General.--Notwithstanding section 9 of the Outer
Continental Shelf Lands Act (43 U.S.C. 1338) and subject to
this section, for each applicable fiscal year, the Secretary
of the Treasury shall deposit--
(1) 50 percent of qualified outer Continental Shelf
revenues generated from leasing activities in the Mid-
Atlantic Planning Area in the general fund of the Treasury;
and
(2) 50 percent of qualified outer Continental Shelf
revenues generated from leasing activities in the Mid-
Atlantic Planning Area in a special account in the Treasury
from which the Secretary shall disburse--
(A) 75 percent to Mid-Atlantic Producing States in
accordance with subsection (b); and
(B) 25 percent to provide financial assistance to States in
accordance with section 200305 of title 54, United States
Code, which shall be considered income to the Land and Water
Conservation Fund for purposes of section 200302 of that
title.
(b) Allocation Among Mid-Atlantic Producing States.--
(1) In general.--Subject to paragraph (2), the amount made
available under subsection

[[Page S432]]

(a)(2)(A) from any lease entered into within the Mid-Atlantic
Planning Area shall be allocated to each Mid-Atlantic
producing State in amounts (based on a formula established by
the Secretary by regulation) that are inversely proportional
to the respective distances between the point on the
coastline of each Mid-Atlantic producing State that is
closest to the geographic center of the applicable leased
tract and the geographic center of the leased tract.
(2) Minimum allocation.--The amount allocated to a Mid-
Atlantic Producing State each fiscal year under paragraph (1)
shall be at least 10 percent of the amounts available under
subsection (a)(2)(A).
(c) Timing.--The amounts required to be deposited under
subsection (a)(2) for the applicable fiscal year shall be
made available in accordance with that paragraph during the
fiscal year immediately following the applicable fiscal year.
(d) Administration.--Amounts made available under
subsection (a)(2) shall--
(1) be made available, without further appropriation, in
accordance with this section;
(2) remain available until expended; and
(3) be in addition to any amounts appropriated under--
(A) the Outer Continental Shelf Lands Act (43 U.S.C. 1331
et seq.);
(B) chapter 2003 of title 54, United States Code; or
(C) any other provision of law.
(e) Distributed Qualified Outer Continental Shelf Revenues
Shall Be Net of Receipts.--For each of fiscal years 2017
through 2055, expenditures under subsection (a)(2) and shall
be net of receipts from that fiscal year from qualified outer
Continental shelf revenues from any area in the Mid-Atlantic
Planning Area.

SEC. _05. DISPOSITION OF QUALIFIED OUTER CONTINENTAL SHELF
REVENUES FROM SOUTH ATLANTIC LEASING
ACTIVITIES.

(a) In General.--Notwithstanding section 9 of the Outer
Continental Shelf Lands Act (43 U.S.C. 1338) and subject to
this section, for each applicable fiscal year, the Secretary
of the Treasury shall deposit--
(1) 50 percent of qualified outer Continental Shelf
revenues generated from leasing activities in the South
Atlantic Planning Area in the general fund of the Treasury;
and
(2) 50 percent of qualified outer Continental Shelf
revenues generated from leasing activities in the South
Atlantic Planning Area in a special account in the Treasury
from which the Secretary shall disburse--
(A) 75 percent to South Atlantic producing States in
accordance with subsection (b); and
(B) 25 percent to provide financial assistance to States in
accordance with section 200305 of title 54, United States
Code, which shall be considered income to the Land and Water
Conservation Fund for purposes of section 200302 of that
title.
(b) Allocation Among South Atlantic Producing States.--
(1) In general.--Subject to paragraph (2), the amount made
available under subsection (a)(2)(A) from any lease entered
into within the South Atlantic Planning Area shall be
allocated to each South Atlantic producing State in amounts
(based on a formula established by the Secretary by
regulation) that are inversely proportional to the respective
distances between the point on the coastline of each South
Atlantic producing State that is closest to the geographic
center of the applicable leased tract and the geographic
center of the leased tract.
(2) Minimum allocation.--The amount allocated to a South
Atlantic Producing State each fiscal year under paragraph (1)
shall be at least 10 percent of the amounts available under
subsection (a)(2)(A).
(c) Timing.--The amounts required to be deposited under
paragraph subsection (a)(2) for the applicable fiscal year
shall be made available in accordance with that paragraph
during the fiscal year immediately following the applicable
fiscal year.
(d) Administration.--Amounts made available under
subsection (a)(2) shall--
(1) be made available, without further appropriation, in
accordance with this section;
(2) remain available until expended; and
(3) be in addition to any amounts appropriated under--
(A) the Outer Continental Shelf Lands Act (43 U.S.C. 1331
et seq.);
(B) chapter 2003 of title 54, United States Code; or
(C) any other provision of law.
(e) Distributed Qualified Outer Continental Shelf Revenues
Shall Be Net of Receipts.--For each of fiscal years 2017
through 2055, expenditures under subsection (a)(2) and shall
be net of receipts from that fiscal year from qualified outer
Continental shelf revenues from any area in the South
Atlantic Planning Area.
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