Pipeline · Bill → Law
Step 1
Introduced
Feb 9, 2023
Step 2
Referred
Feb 9, 2023
Energy and Natural Resources
Step 3
Committee
Nov 19, 2024
Reported out
Step 4
Senate
Nov 21, 2024
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill increases revenue streams provided to states from offshore wind projects, offshore oil and gas leases, and onshore energy and mineral resources. States must use the revenue for specified purposes, such as coastal restoration, conservation, or infrastructure. Specifically, the bill requires revenues generated from offshore wind projects carried out under a lease entered into on or after January 1, 2022, to be deposited into accounts for the U.S. Treasury, the National Oceans and Coastal Security Fund, and adjacent coastal states. Currently, this revenue is deposited in the U.S. Treasury. The Department of the Interior must disburse the revenue to a state in an amount that is based...
Timeline · 5 actions
Nov 21, 2024
Committee on Energy and Natural Resources. Reported by Senator Manchin without amendment. Without written report.
Nov 21, 2024
Placed on Senate Legislative Calendar under General Orders. Calendar No. 576.
Nov 19, 2024
Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably.
Feb 9, 2023
Introduced in Senate
Feb 9, 2023
Read twice and referred to the Committee on Energy and Natural Resources.