3.0.0 1273 2023-01-11T13:24:25Z 2023-01-11T13:24:25Z Senate S S 2013-07-10 113 sseg00 Energy and Natural Resources Committee Senate Standing Hearings by 2013-07-23T18:32:32Z Referred to 2013-07-10T18:53:16Z FAIR Act of 2013 113 630 S 2013-03-20 Read twice and referred to the Committee on Energy and Natural Resources. Related bill CRS 2013-07-23 sseg00 Energy and Natural Resources Committee Senate Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 113-122. Committee 2013-07-10 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. IntroReferral 2013-07-10 Introduced in Senate IntroReferral 10000 9 Library of Congress M001153 Sen. Murkowski, Lisa [R-AK] Lisa Murkowski R AK N L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 2013-07-10 True B001265 Sen. Begich, Mark [D-AK] Mark Begich D AK 2013-07-10 True H001069 Sen. Heitkamp, Heidi [D-ND] Heidi Heitkamp D ND 2013-07-10 True Energy Alabama Alaska Alternative and renewable resources Energy revenues and royalties Government trust funds Gulf of Mexico Land use and conservation Louisiana Marine and coastal resources, fisheries Mississippi Oil and gas Outdoor recreation State and local finance Texas Energy 00 2013-07-10 Introduced in Senate 2013-09-24T19:20:24Z Fixing America's Inequities with Revenues Act of 2013 or FAIR Act of 2013 - Amends the Outer Continental Shelf Lands Act (OCSLA) to direct the Secretary of the Interior to deposit into a special account in the Treasury 37.5% of all revenues payable to the United States from oil, natural gas, and alternative and renewable energy on the outer Continental Shelf (OCS).

Instructs the Secretary to disburse such revenues (with certain exceptions) according to this formula: (1) 27.5% of such revenues to coastal states and coastal political subdivisions, and (2) 10% of the revenues to coastal states that establish funds in their treasuries to support projects relating to alternative or renewable energy, energy research and development, energy efficiency, or conservation.

Prescribes requirements for allocating such revenues to coastal states and their coastal subdivisions, with a special rule for Alaska. Limits the allocable share of each coastal state to the revenues collected from a leased tract located no more than 200 nautical miles from the coastline of the state and within the state's OCS region.

Requires the Secretary of the Treasury to disburse 50% of all revenues derived from all rentals, operating fees, royalties, bonus bids, rights-of-way, and other amounts payable to the United States from the development of alternative or renewable onshore energy sources to the state within whose boundaries the energy source is located.

Amends the Gulf of Mexico Energy Security Act of 2006 to: (1) redefine qualified OCS revenues, (2) prescribe requirements for the disposition of qualified OCS revenues into a special account in the Treasury, and (3) revise the formula for allocating federal funds among the Gulf producing states.

]]> FAIR Act of 2013 Display Title FAIR Act of 2013 Official Title as Introduced A bill to establish a partnership between States that produce energy onshore and offshore for our country with the Federal Government. Introduced in Senate IS Short Titles as Introduced FAIR Act of 2013 Short Titles as Introduced Fixing America's Inequities with Revenues Act of 2013 Introduced in Senate 2013-07-10T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s1273is/xml/BILLS-113s1273is.xml 2013-07-23 Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 113-122. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.