US Congress Senate Bill 2418 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: Introduced on August 1 2019 - 25% progression, died in chamber
Action: 2020-02-25 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 430.
Text: Latest bill text (Introduced) [PDF]

Addresses the distribution of revenues collected from oil and gas leasing on the Gulf of Mexico Outer Continental Shelf (OCS) and the Alaska OCS. Specifically, the bill increases the revenue Gulf states (Alabama, Louisiana, Mississippi, and Texas) receive from certain federal oil and leases in the Gulf of Mexico and eliminates the revenue sharing cap; exempts from sequestration payments of such revenue to Gulf states; allocates revenue from energy development in the Alaska OCS to Alaska for specified purposes, including mitigation of damage to fish, wildlife, or natural resources; and eliminates the 2% fee that the federal government currently deducts from a state's share to cover administrative or other costs.

COASTAL Act Conservation Of America’s Shoreline Terrain and Aquatic Life Act

Sen. Bill Cassidy [R-LA]	Sen. Lisa Murkowski [R-AK]	Sen. John Kennedy [R-LA]	Sen. Roger Wicker [R-MS]
Sen. Doug Jones [D-AL]	Sen. Dan Sullivan [R-AK]	Sen. Cindy Hyde-Smith [R-MS]

Date	Chamber	Action
2020-02-25	Senate	Placed on Senate Legislative Calendar under General Orders. Calendar No. 430.
2020-02-25	Senate	Committee on Energy and Natural Resources. Reported by Senator Murkowski with amendments. Without written report.
2019-11-19	Senate	Committee on Energy and Natural Resources. Ordered to be reported with amendments favorably.
2019-11-07	Senate	Committee on Energy and Natural Resources. Hearings held.
2019-08-01	Senate	Read twice and referred to the Committee on Energy and Natural Resources.

SB4311 (Related) 2020-07-23 - Read twice and referred to the Committee on Energy and Natural Resources.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/2418/all-info
Text	https://www.congress.gov/116/bills/s2418/BILLS-116s2418is.pdf
Text	https://www.congress.gov/116/bills/s2418/BILLS-116s2418rs.pdf