3.0.0 630 2022-11-15T16:33:11Z 2022-11-15T16:33:11Z Senate S S 2013-03-20 113 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2013-03-20T22:08:35Z FAIR Act of 2013 113 1273 S 2013-07-23 Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 113-122. Related bill CRS 2013-03-20 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. IntroReferral 2013-03-20 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 2013-03-20 True B001265 Sen. Begich, Mark [D-AK] Mark Begich D AK 2013-03-20 True H001069 Sen. Heitkamp, Heidi [D-ND] Heidi Heitkamp D ND 2013-03-20 True Energy Alabama Alaska Alternative and renewable resources Energy revenues and royalties Gulf of Mexico Louisiana Marine and coastal resources, fisheries Mississippi Oil and gas State and local finance Texas Energy 00 2013-03-20 Introduced in Senate 2013-05-16T21:10:30Z Fixing America's Inequities with Revenues Act of 2013 or FAIR Act of 2013 - Amends the Outer Continental Shelf Lands Act to require the Secretary of the Treasury to deposit in the Treasury 37.5% of all revenues derived from all rentals, royalties, bonus bids, and other sums payable to the United States from energy development on the outer Continental Shelf (OCS) areas of coastal states (those within 200 nautical miles of a leased tract in the OCS which are not, however, in a Gulf producing state). Excludes from deposit under these terms any revenues generated from the leasing of lands within three miles of seaward boundaries of coastal states.

Requires the Secretary of the Interior to disperse: (1) 27.5% of these revenues to coastal states and their political subdivisions; and (2) 10% of such revenues to coastal states that establish funds in their treasuries to support projects relating to alternative and 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.

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

Amends the Gulf of Mexico Energy Security Act of 2006 by: (1) redefining the term "qualified outer Continental Shelf revenues," and (2) revising the cap on the amount of such qualified revenues that may be made available to Gulf producing states.

]]> FAIR Act of 2013 Display Title FAIR Act of 2013 Short Titles as Introduced FAIR Act of 2013 Short Titles as Introduced Fixing America's Inequities with Revenues 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 2013-03-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s630is/xml/BILLS-113s630is.xml 2013-03-20 Read twice and referred to the Committee on Energy and Natural Resources. 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.