Section 1 Short title
This Act may be cited as the “Domestic Offshore Energy Reinvestment Act of 2018”.
Domestic Offshore Energy Reinvestment Act of 2018
A BILL
To amend the Gulf of Mexico Energy Security Act of 2006, and for other purposes.
Sec. 2 Amendments to the Gulf of Mexico Energy Security Act of 2006
In general— Section 105(a) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note) is amended—
in paragraph (1), by striking “50” and inserting “37.5”; and
in paragraph (2)—
in the matter preceding subparagraph (A), by striking “50” and inserting “62.5”;
in subparagraph (A), by striking “75” and inserting “80”; and
in subparagraph (B), by striking “25” and inserting “20”.
limitations on authorized uses— Section 105(d) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note) is amended—
in paragraph (1), by adding at the end the following:
“(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.”
by striking paragraph (2) and inserting the following:
“(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.”
Repeal of limitation— Section 105(f) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note) is amended—
by striking paragraph (1); and
by redesignating paragraphs (2) and (3) as paragraphs (1) and (2), respectively.
Sec. 3 Conveyance to states of property interest in State share of royalties and other payments
in the first sentence of subsection (a), by striking “shall be paid into the Treasury” and inserting “shall, except as provided in subsection (b), be paid into the Treasury”;
by striking subsection (b) and inserting the following:
“(b) Conveyance to states of property interest in state share
“(1) In general—Notwithstanding any other provision of law, on request of a State and in lieu of any payments to the State under subsection (a), the Secretary of the Interior shall convey to the State all right, title, and interest in and to the percentage specified in that subsection for that State of all amounts otherwise required to be paid into the Treasury under that subsection from sales, bonuses, royalties (including interest charges), and rentals for all public land or deposits located in the State.
“(2) Amount—Notwithstanding any other provision of law, after a conveyance to a State under paragraph (1), any person shall pay directly to the State any amount owed by the person for which the right, title, and interest has been conveyed to the State under this subsection.
“(3) Notice—The Secretary of the Interior shall promptly provide to each holder of a lease of public land to which subsection (a) applies that are located in a State to which right, title, and interest is conveyed under this subsection notice that—
“(A) the Secretary of the Interior has conveyed to the State all right, title, and interest in and to the amounts referred to in paragraph (1); and
“(B) the leaseholder is required to pay the amounts directly to the State.”
in subsection (c)(1), by inserting “and except as provided in subsection (b)” before “, any rentals”.
Conforming amendments—
Section 6(a) of the Mineral Leasing Act for Acquired Lands (30 U.S.C. 355(a)) is amended—
in the first sentence, by striking “Subject to the provisions of section 35(b) of the Mineral Leasing Act (30 U.S.C. 191(b)), all” and inserting “All”; and
in the second sentence, by striking “of the Act of February 25, 1920 (41 Stat. 450; 30 U.S.C. 191)” and inserting “of the Mineral Leasing Act (30 U.S.C. 191)”.
Section 20(a) of the Geothermal Steam Act of 1970 (30 U.S.C. 1019(a)) is amended in the matter preceding paragraph (1), in the second sentence, by striking “the provisions of subsection (b) of section 35 of the Mineral Leasing Act (30 U.S.C. 191(b)) and”.
Section 205(f) of the Federal Oil and Gas Royalty Management Act of 1982 (30 U.S.C. 1735(f)) is amended by striking the fourth, fifth, and sixth sentences.