S. 338Senate112th Congress (2011-2013)In Committee

Deepwater Drilling Royalty Relief Prohibition Act

Introduced February 14, 2011

Legislative Activity

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2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S686)

February 14, 2011

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SenateIntro Referral

Introduced in Senate

February 14, 2011

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S685-686)

February 14, 2011

SenateIntro Referral

Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S686)

February 14, 2011

Floor Debate

6 members

What members said about S. 338 on the floor

1 Republican5 Democrats
Jeff Bingaman
Sen. Jeff BingamanD-NM · Feb 14, 2011

Mr. President, today, I join the Ranking Member of the Committee on Energy and Natural Resources, Senator Murkowski, in reintroducing The Republic of the Marshall Islands Supplemental Nuclear…

Dianne Feinstein
Sen. Dianne FeinsteinD-CA · Feb 14, 2011

Mr. President, I rise today to introduce the Deepwater Drilling Royalty Relief Prohibition Act. The purpose of this bill is to ensure that taxpayer dollars are not used to incentivize the dangerous…

Dianne Feinstein
Sen. Dianne FeinsteinD-CA · Feb 14, 2011

Mr. President, I rise today to introduce the Deepwater Drilling Royalty Relief Prohibition Act. The purpose of this bill is to ensure that taxpayer dollars are not used to incentivize the dangerous…

Orrin G. Hatch
Sen. Orrin G. HatchR-UT · Feb 14, 2011

Mr. President, I rise today to reintroduce the Strengthening Our Commitment to Legal Immigration and America's Security Act. There is little doubt that our immigration system is broken and needs…

Mark Udall
Sen. Mark UdallD-CO · Feb 14, 2011

Mr. President, I rise to urge my colleagues to support legislation I am introducing today to name the Veterans Telehealth Clinic in Craig, Colorado, after Medal of Honor recipient Major William E.…

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Max Baucus
Sen. Max BaucusD-MT · Feb 14, 2011

Mr. President, I rise today to introduce the Rural Heritage Conservation Extension Act. In the last few months, our nation has engaged in a discourse about responsibility. No one can deny that our…

Harry Reid
Sen. Harry ReidD-NV · Feb 14, 2011

Mr. President, I rise today on behalf of our nation's veterans to once again discuss the unjust and outdated policy of failing to give our veterans their full earned military retirement benefits and…

Bill Text

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Introduced in SenateIssued February 14, 2011

II

112th CONGRESS

1st Session

S. 338

IN THE SENATE OF THE UNITED STATES

February 14, 2011

Mrs. Feinstein (for herself and Mr. Nelson of Florida) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources

A BILL

To prohibit royalty incentives for deepwater drilling, and for other purposes.

1.

Short title

This Act may be cited as the Deepwater Drilling Royalty Relief Prohibition Act.

2.

Prohibition on royalty incentives for deepwater drilling

(a)

In general

Notwithstanding any other provision of law, the Secretary of the Interior shall not issue any oil or gas lease sale under the Outer Continental Shelf Lands Act (43 U.S.C. 1331 et seq.) with royalty-based incentives in any tract located in water depths of 400 meters or more on the outer Continental Shelf.

(b)

Royalty relief for deep water production

Section 345 of the Energy Policy Act of 2005 (42 U.S.C. 15905) is repealed.

(c)

Royalty relief

Section 8(a)(3) of the Outer Continental Shelf Lands Act (43 U.S.C. 1337(a)(3)) is amended by adding at the end the following:

(D)

Prohibition

Notwithstanding sub­par­a­graphs (A) through (C) or any other provision of law, the Secretary shall not reduce or eliminate any royalty or net profit share for any lease or unit located in water depths of 400 meters or more on the outer Continental Shelf.

.

(d)

Application

This section and the amendments made by this section—

(1)

apply beginning with the first lease sale held on or after the date of enactment of this Act for which a final notice of sale has not been published as of that date; and

(2)

do not apply to a lease in effect on the date of enactment of this Act.