H.R. 6763 – Reading Mode

115th CONGRESS

2d Session

H. R. 6763

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.

Short title

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

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).