1. Short title
This Act may be cited as the “Domestic Offshore Energy Reinvestment Act of 2019”.
Domestic Offshore Energy Reinvestment Act of 2019
A BILL
To amend the Gulf of Mexico Energy Security Act of 2006, and for other purposes.
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”.
In general— 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 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.”
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.”
In General— Section 105(f) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note) is amended by striking section 105(f).