A resolution designating the week of September 17 through September 23, 2023, as "Community School Coordinators Appreciation Week".
- Last Action
- 9/27/2023
Actions
- 2024-11-21Placed on Senate Legislative Calendar under General Orders. Calendar No. 576.
- 2024-11-21Committee on Energy and Natural Resources. Reported by Senator Manchin without amendment. Without written report.
- 2024-11-21Committee on Energy and Natural Resources. Reported by Senator Manchin without amendment. Without written report.
- 2024-11-19Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably.
- 2023-02-09Read twice and referred to the Committee on Energy and Natural Resources.
- 2023-02-09Introduced in Senate
CRS Summary
As of 2023-02-09 (00)
Reinvesting In Shoreline Economies and Ecosystems Act of 2023 or the RISEE Act of 2023
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 on a formula that is inversely proportional to a state's distance from the offshore wind site.
In addition, the bill removes the cap on the amount of revenue generated from offshore oil and gas leases that may be shared with states under the Gulf of Mexico Energy Security Act of 2006.
It also eliminates a fee under the Mineral Leasing Act that Interior currently collects to administer the onshore revenue sharing program.
Cosponsors (20)
- Bill Cassidy (R-LA)
- John Kennedy (R-LA)
- Angus King (I-ME)
- Lindsey Graham (R-SC)
- Jeanne Shaheen (D-NH)
- Susan Collins (R-ME)
- Kirsten Gillibrand (D-NY)
- Steve Daines (R-MT)
- Christopher Murphy (D-CT)
- Richard Blumenthal (D-CT)
- Christopher Coons (D-DE)
- Chris Van Hollen (D-MD)
- Ben Cardin (D-MD)
- Mark Warner (D-VA)
- Timothy Kaine (D-VA)
- Debbie Stabenow (D-MI)
- Martin Heinrich (D-NM)
- John Hickenlooper (D-CO)
- Dianne Feinstein (D-CA)
- Alex Padilla (D-CA)
Subjects
- Alternative and renewable resources
- Energy revenues and royalties
- Government studies and investigations
- Gulf of Mexico
- Infrastructure development
- Intergovernmental relations
- Land use and conservation
- Marine and coastal resources, fisheries
- Mining
- Oil and gas
- State and local finance
- User charges and fees
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.