109 HR 5890 IH: To establish the American-Made Energy Trust Fund, to
U.S. House of Representatives
2006-07-26
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.
1.Short title; table of
contents
(a)This Act may be cited as the American-Made Energy
Freedom Act of 2006
.
(b)The table of contents for this Act is as follows:
Sec. 1. Short title; table of contents.
Title I—Tax incentives for cellulosic biomass ethanol, solar and
fuel cell property, and certain liquid fuel derived from coal
Sec. 101. Increased tax credits for cellulosic biomass
ethanol.
Sec. 102. Extension of energy credit for solar and fuel cell
property.
Sec. 103. Extension and modification of credit for residential
energy efficient property.
Sec. 104. Extension and modification of excise tax credits for
certain liquid fuel derived from coal.
Title II—American-Made Energy Trust Fund
Sec. 201. Establishment of American-Made Energy Trust
Fund.
Title III—Development of oil and gas resources of the Coastal
Plain of Alaska
Sec. 301. Definitions.
Sec. 302. Leasing program for lands within the Coastal
Plain.
Sec. 303. Lease sales.
Sec. 304. Grant of leases by the Secretary.
Sec. 305. Lease terms and conditions.
Sec. 306. Coastal plain environmental protection.
Sec. 307. Expedited judicial review.
Sec. 308. Federal and State distribution of
revenues.
Sec. 309. Rights-of-way across the Coastal Plain.
Sec. 310. Conveyance.
Sec. 311. Local government impact aid and community service
assistance.
<enum>I</enum><header>Tax
incentives for cellulosic biomass ethanol, solar and fuel cell property, and
certain liquid fuel derived from coal</header>
<section display-inline="no-display-inline" id="HC51A8A669449480FAC5D3D1684723700" section-type="subsequent-section"><enum>101.</enum><header>Increased tax
credits for cellulosic biomass ethanol</header>
<subsection id="HB2A2D75BB565413AB36EA5B18F7E06FA"><enum>(a)</enum><header>Income tax
credit</header>
<paragraph id="HD5343EF4010044DD806DAEEADAB98300"><enum>(1)</enum><header>In
general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/40">Section 40</external-xref> of the Internal Revenue Code of 1986 (relating
to alcohol used as fuel) is amended by adding at the end the following new
subsection:</text>
<quoted-block display-inline="no-display-inline" id="H8707F9B9D6E74D5284B3C5428D62B6FE" style="OLC">
<subsection id="HB5C305BF26F3440BA867BB42B4ABE702"><enum>(i)</enum><header>Increased credit
for cellulosic biomass ethanol</header>
<paragraph id="HEA4FBA752742483B9437FF41BF53601C"><enum>(1)</enum><header>In
general</header><text>In the case of cellulosic biomass ethanol—</text>
<subparagraph id="H73F54AEB7DFB4197A3BA8DA0B07C0900"><enum>(A)</enum><text>subsection (h)
shall not apply,</text>
</subparagraph><subparagraph id="HF6845A7D49CC4344AD95323717C9001B"><enum>(B)</enum><text>if such ethanol
has a proof of at least 150 but less than 190—</text>
<clause id="HA383E7D7A985465E9559CB719E26F512"><enum>(i)</enum><text>subsection (b)(3)
shall not apply, and</text>
</clause><clause id="H758662F310744BDFA200B1F31D9F41C6"><enum>(ii)</enum><text>subsections
(b)(1)(A), (b)(2)(A), (d)(3)(A), and (d)(3)(B) shall each be applied by
substituting <quote>the low-proof cellulosic ethanol amount</quote> for
<quote>60 cents</quote>, and</text>
</clause></subparagraph><subparagraph id="HA82C3906F51F459A80FC94586B0DB00"><enum>(C)</enum><text>if such alcohol has
a proof of at least 190, subsections (b)(1)(A), (b)(2)(A), (d)(3)(A), and
(d)(3)(B) shall each be applied by substituting <quote>the cellulosic ethanol
amount</quote> for <quote>60 cents</quote>.</text>
</subparagraph></paragraph><paragraph id="HFDF24D5CFA494BC9B3C1248C0947F43"><enum>(2)</enum><header>Limitations</header>
<subparagraph id="HE61164150A6347C98400083BCE3B7DFC"><enum>(A)</enum><header>Overall dollar
limitation</header><text display-inline="yes-display-inline">Paragraph (1)
shall not apply to any cellulosic biomass ethanol which is sold or used after
the date on which the Secretary certifies that, in the estimation of the
Secretary, more than $1,250,000,000 has been allowed, in the aggregate, as a
credit under this section with respect to cellulosic biomass ethanol taken into
account under this subsection and subsection (c).</text>
</subparagraph><subparagraph id="H5BD454798EF149878C4D9EC745AD8D46"><enum>(B)</enum><header>Per taxpayer
maximum</header>
<clause id="HEA5B99E0890747659D06E7A5A330CF00"><enum>(i)</enum><header>In
general</header><text>With respect to any taxpayer, paragraph (1) shall only
apply to the first 25,000,000 gallons of cellulosic biomass ethanol sold or
used by the taxpayer during any calendar year.</text>
</clause><clause id="H1A9A540DFB8F4B17B79903DA00941C78"><enum>(ii)</enum><header>Termination of
taxpayer maximum</header><text>Clause (i) shall not apply with respect to any
calendar year after the first calendar year with respect to which the Secretary
certifies that, in the estimation of the Secretary, at least 10 taxpayers sell
or use cellulosic biomass ethanol to which paragraph (1) applies.</text>
</clause></subparagraph><subparagraph id="H0E4F0E5A7430438FA56711B943F8FC53"><enum>(C)</enum><header>Per taxpayer
minimum</header><text>With respect to any taxpayer, paragraph (1) shall not
apply to any cellulosic biomass ethanol sold or used by the taxpayer during any
calendar year unless the aggregate amount of cellulosic biomass ethanol sold or
used by such taxpayer during such calendar year exceeds 5,000,000
gallons.</text>
</subparagraph></paragraph><paragraph id="HBEB3345365FA400B977BAD011F65D096"><enum>(3)</enum><header>Cellulosic
ethanol amount; low-proof cellulosic ethanol amount</header>
<subparagraph id="H7884EE44131E40F1AD9E2664D552EFBC"><enum>(A)</enum><header>In
general</header><text>The terms <term>cellulosic ethanol amount</term> and
<term>low-proof cellulosic ethanol amount</term> mean $1.25 and $1.10,
respectively.</text>
</subparagraph><subparagraph id="H67049C095E8E484CB7D2B22C54F88123"><enum>(B)</enum><header>Phase-out based
on price of oil</header>
<clause id="H5900F4D7DEF642F0B5306BA62F6E3681"><enum>(i)</enum><header>In
general</header><text display-inline="yes-display-inline">The $1.25 and $1.10
amounts contained in subparagraph (A) shall each be reduced (but not below
$0.51 and $0.3778, respectively) by an amount which bears the same ratio to the
amount so contained in subparagraph (A) (as so increased) as—</text>
<subclause id="H9CC7A10222764D45AF25CB4213DE03FE"><enum>(I)</enum><text display-inline="yes-display-inline">the amount (if any) by which the price of a
barrel of crude oil exceeds $40, bears to</text>
</subclause><subclause id="HC029B91460B14117919F878299AE4891"><enum>(II)</enum><text>$71.</text>
</subclause></clause><clause id="HE649F42BAE2D4DF9A59E15BDE554CBB8"><enum>(ii)</enum><header>Determination
by Secretary</header><text>The price of a barrel of crude oil shall be
determined periodically by the Secretary under such methodology as the
Secretary determines appropriate. The price determined under this clause and
the reduction required by clause (i) shall apply with respect to cellulosic
biomass ethanol sold or used during the period with respect to which such
determination relates.</text>
</clause></subparagraph><subparagraph id="HAABFFE61BC2A4F5FA1DD0410B5001189"><enum>(C)</enum><header>Inflation
adjustment of phase-out based on price of oil</header><text>In the case of any
period beginning in a calendar year after 2007, the dollar amounts contained in
subclauses (I) and (II) of subparagraph (B)(i) shall be increased by an amount
equal to—</text>
<clause id="H6BA5DC837D5843F5AAFD90C805F067F3"><enum>(i)</enum><text>such dollar
amount, multiplied by</text>
</clause><clause id="HE0B644FC8390477AB6436DA93B8A506"><enum>(ii)</enum><text>the cost-of-living
adjustment determined under section 1(f)(3) for the calendar year in which the
taxable year begins, determined by substituting <quote>calendar year
2006</quote> for <quote>calendar year 1992</quote> in subparagraph (B)
thereof.</text>
</clause><continuation-text continuation-text-level="subparagraph">Any
increase determined under the preceding sentence shall be rounded to the
nearest multiple of $1.</continuation-text></subparagraph></paragraph><paragraph id="HD35BA4DEB5E94F6792AD1F5DA55B7D08"><enum>(4)</enum><header>Cellulosic
biomass ethanol</header><text>The term <term>cellulosic biomass ethanol</term>
means ethanol produced by enzymatic hydrolysis of any lignocellulosic or
hemicellulosic feedstock that is available on a renewable or recurring basis,
including agricultural residues, agricultural fibers, dedicated energy crops,
grasses, plants, and wood and wood residues.</text>
</paragraph><paragraph id="H2EE92DFCD7CB4FB8A678EFFFF9E4CB09"><enum>(5)</enum><header>Application of
aggregation, etc., rules</header><text>Rules similar to the rules of paragraphs
(2), (3), and (4) of subsection (g) shall apply for purposes of the limitations
under subparagraphs (B) and (C) of paragraph
(2).</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="HD877D9C4238448AC9088846E05E2538F"><enum>(2)</enum><header>Termination</header><text>Subsection
(e) of section 40 of such Code (relating to termination) is amended—</text>
<subparagraph id="H4EA900B63EE84E20B53DFFCC6D08EC"><enum>(A)</enum><text>by redesignating
paragraph (2) as paragraph (3),</text>
</subparagraph><subparagraph id="H7276DB1E83434835A5B521D31407131"><enum>(B)</enum><text>by inserting after
paragraph (1) the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="H2BCB9FFF15724E118F636FEFB623C432" style="OLC">
<paragraph id="H07B8F69815914010BB57003979AFCA47"><enum>(2)</enum><header>Cellulosic
biomass ethanol</header><text>In the case of cellulosic biomass ethanol with
respect to which subsection (i)(1) applies—</text>
<subparagraph id="HF38C732C6BF2426A8D2BB3DA2CEF9F0"><enum>(A)</enum><text>paragraph (1) shall
not apply, and</text>
</subparagraph><subparagraph id="H845CFAC57639448982EDAACBC3E92DC9"><enum>(B)</enum><text>this section shall
not apply to any sale or use of such ethanol for any period after the earlier
of the date on which the Secretary makes the certification described in
subsection (i)(2)(A) or December 31,
2023.</text>
</subparagraph></paragraph><after-quoted-block>,
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="H9D85E7D6FCA64C6782BD3436EDC828B4"><enum>(C)</enum><text>by inserting
<quote>or (2)</quote> after <quote>paragraph (1)</quote> in paragraph (3) (as
redesignated by this paragraph).</text>
</subparagraph></paragraph></subsection><subsection id="HA8F0A375295B47549BB15D51D30061A2"><enum>(b)</enum><header>Excise tax
credit</header>
<paragraph id="HCC29DB8771464AFE8C9000997942FCFF"><enum>(1)</enum><header>In
general</header><text>Paragraph (2) of section 6426(b) of the Internal Revenue
Code of 1986 (relating to applicable amount) is amended—</text>
<subparagraph id="H67DD5390B13B4AC48BCE81FE3F1B91BB"><enum>(A)</enum><text>by adding at the
end the following new subparagraph:</text>
<quoted-block display-inline="no-display-inline" id="H34CBF8604F1A4DEEBDEA81DA3DB9001E" style="OLC">
<subparagraph id="H479CDDA8E2784B6F917E9D89A18F5EA1"><enum>(C)</enum><header>Cellulosic
biomass ethanol</header><text>In the case of cellulosic biomass ethanol to
which section 40(i)(1) applies or to which such section would apply but for
subsections (c) and (e) of section 40, the applicable amount is the cellulosic
ethanol amount (as defined in section
40(i)(3)).</text>
</subparagraph><after-quoted-block>,
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HA003C4C55DB34343BBFF85003B1B57AB"><enum>(B)</enum><text>by striking
<quote>subparagraph (B)</quote> in subparagraph (A) and inserting
<quote>subparagraphs (B) or (C)</quote>.</text>
</subparagraph></paragraph><paragraph id="HF7C2496695C94460A316AE09A032A9C"><enum>(2)</enum><header>Termination</header><text>Paragraph
(5) of section 6426(b) of such Code (relating to termination) is amended to
read as follows:</text>
<quoted-block display-inline="no-display-inline" id="H218B4734F1BD4FA900E9230077786D3B" style="OLC">
<paragraph id="HDF7AEAC8428E4407A2B1A1C0EDCD1137"><enum>(5)</enum><header>Termination</header>
<subparagraph id="HE240C92896934D6EA303997C55CF5D3E"><enum>(A)</enum><header>In
general</header><text>Except as provided in subparagraph (B), this subsection
shall not apply to any sale, use, or removal for any period after December 31,
2010.</text>
</subparagraph><subparagraph id="H2F81689840494C8FA0B5AEA67F000082"><enum>(B)</enum><header>Cellulosic
biomass ethanol</header><text>In the case of any cellulosic biomass ethanol
with respect to which paragraph (2)(C) applies—</text>
<clause id="HD428EDEC43204C718951EB1081251C0"><enum>(i)</enum><text>subparagraph (A)
shall not apply, and</text>
</clause><clause id="HEAF350BFD10645D2B7EB54EA3DE638E1"><enum>(ii)</enum><text>this subsection
shall not apply to any sale or use of such ethanol for any period after the
earlier of the date on which the Secretary makes the certification described in
section 40(i)(2)(A) or December 31,
2023.</text>
</clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="HA034E37075AF48C2B3004D8F16868FB7"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to fuel sold
or used after the date of the enactment of this Act.</text>
</subsection></section><section id="H1D1D7F7785ED41D68BF500CC7DC98239"><enum>102.</enum><header>Extension of
energy credit for solar and fuel cell property</header>
<subsection id="H2C2676901B9B44E6B515FA3936E50004"><enum>(a)</enum><header>30 percent
credit for solar</header><text>Subclause (II) of section 48(a)(2)(A)(i) of the
Internal Revenue Code of 1986 is amended by striking <quote>2008</quote> and
inserting <quote>2013</quote>.</text>
</subsection><subsection id="HB28D458B10924A4C919914BC03B905A9"><enum>(b)</enum><header>Qualified fuel
cell property</header>
<paragraph id="HCBA8C99B3EAD46E0B6257EF42C36D7B9"><enum>(1)</enum><header>In
general</header><text>Subparagraph (E) of section 48(c)(1) of such Code is
amended by striking <quote>2007</quote> and inserting
<quote>2012</quote>.</text>
</paragraph><paragraph id="H0672E528537945F99275C8C32961DC0"><enum>(2)</enum><header>Termination of
special rule</header><text>Subparagraph (D) of section 48(c)(1) of such Code is
amended by inserting <quote>placed in service before January 1, 2008,
and</quote> after <quote>qualified fuel cell property which is</quote>.</text>
</paragraph></subsection><subsection id="HA16492B0B6074C97B934F82DE293F203"><enum>(c)</enum><header>Fiber-optic
distributed sunlight</header><text>Clause (ii) of section 48(a)(3)(A) of such
Code is amended by striking <quote>2008</quote> and inserting
<quote>2013</quote>.</text>
</subsection><subsection id="H8CCB0A9B0E4E4E74AFE888FAD0AEA800"><enum>(d)</enum><header>Effective
date</header><text>The amendments made by this section shall take effect on the
date of the enactment of this Act.</text>
</subsection></section><section display-inline="no-display-inline" id="HE0088E9CE5434FFB8FB4556DAA29BBFD" section-type="subsequent-section"><enum>103.</enum><header>Extension and
modification of credit for residential energy efficient property</header>
<subsection id="H9772AA356CEF450693BF2206EBAAFCCF"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Subsection (g) of
<external-xref legal-doc="usc" parsable-cite="usc/26/25D">section 25D</external-xref> of the Internal Revenue Code of 1986 is amended by striking
<quote>2007</quote> and inserting <quote>2012</quote>.</text>
</subsection><subsection id="H8DA5962B7B1C4233A2B99F232B6E8697"><enum>(b)</enum><header>Modification of
maximum credit for qualified solar electricity
property</header><text>Subparagraph (A) of section 25D(b)(1) of such Code is
amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="HA422D1D9121444EF998FDBD2B61200B6" style="OLC">
<subparagraph id="H8287C24C692B4109AC46B774C4B3BC20"><enum>(A)</enum><text>$2,000 with
respect to each half kilowatt of capacity of property for which qualified solar
electricity property expenditures are
made,</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H6A5A2F1819AA424EBF3F9E4F1C8CDB7F"><enum>(c)</enum><header>Conforming
amendments</header>
<paragraph id="H1C50CD9F46064605AD9399AE7901EB1B"><enum>(1)</enum><text>Paragraph (1) of
section 25D(a) of such Code is amended by striking <quote>photovoltaic</quote>
and inserting <quote>solar electricity</quote>.</text>
</paragraph><paragraph id="HE45A23CD835249B0B881E7AAE5A5AE84"><enum>(2)</enum><text>Paragraph (2) of
section 25D(d) of such Code is amended in the text and in the heading by
striking <quote>photovoltaic</quote> and inserting <quote>solar
electricity</quote>.</text>
</paragraph><paragraph id="HF6E07AB117EA4D1B00F84951004BFB00"><enum>(3)</enum><text>Paragraph
(4)(A)(i) of section 25D(e) of such Code is amended by striking
<quote>photovoltaic</quote> and inserting <quote>solar
electricity</quote>.</text>
</paragraph></subsection><subsection id="HE06A9276ACD5418AAABBEA59FC3E51BE"><enum>(d)</enum><header>Effective
dates</header>
<paragraph id="HB91ADA5E02A6474780E88E6757F89B48"><enum>(1)</enum><header>In
general</header><text>The amendment made by subsection (a) shall take effect on
the date of the enactment of this Act.</text>
</paragraph><paragraph id="H5025C0BBF41647F6B74FCEEC66224493"><enum>(2)</enum><header>Increase in
credit for solar electricity property</header><text>The amendments made by
subsections (b) and (c) shall apply to taxable years beginning after December
31, 2005.</text>
</paragraph><paragraph id="H4FCC0615E4064F9F907353DAB4E9D389"><enum>(3)</enum><header>Hold harmless
transition rule</header><text>In the case of any taxable year beginning after
December 31, 2005, and before the date of the enactment of this Act, the
taxpayer may elect (at such time and in such form and manner as the Secretary
of the Treasury may determine) to apply the limitation under section
25D(b)(1)(A) of the Internal Revenue Code of 1986 which was in effect
immediately before the date of the enactment of this Act for purposes of
determining the credit under section 25D of such Code for such taxable year in
lieu of such limitation as otherwise in effect for such year.</text>
</paragraph></subsection></section><section display-inline="no-display-inline" id="H874E622F33334C2EAFEB5800ACF8AE23" section-type="subsequent-section"><enum>104.</enum><header>Extension and
modification of excise tax credits for certain liquid fuel derived from
coal</header>
<subsection id="H9E461FCAD3FE442B9F071BC2433581E"><enum>(a)</enum><header>Modification of
excise tax credits</header><text>Section 6426 of the Internal Revenue Code of
1986 is amended by redesignating subsection (g) as subsection (h) and by
inserting after subsection (f) the following new subsection:</text>
<quoted-block display-inline="no-display-inline" id="H60CB8BE5602D41859F269C7189476235" style="OLC">
<subsection id="H09930C316B7E4372A167758E7B9DB686"><enum>(g)</enum><header>Special rules
for liquid fuel derived from coal</header>
<paragraph id="H5606A69DABDE453DA47CCE00E854ED25"><enum>(1)</enum><header>Limitations</header>
<subparagraph id="H3FBF3625072C4730A02394CE4210AD7"><enum>(A)</enum><header>Overall dollar
limitation</header><text display-inline="yes-display-inline">No liquid coal
fuel shall be taken into account in determining the alternative fuel credit
under subsection (d) or the alternative fuel mixture credit under subsection
(e) if such fuel is sold or used after the date on which the Secretary
certifies that, in the estimation of the Secretary, more than $1,500,000,000
has been allowed, in the aggregate, as a credit under this section with respect
to liquid coal fuel taken into account under subsections (d) and (e).</text>
</subparagraph><subparagraph id="H47DBE5AB011C4C68006415B127C959FF"><enum>(B)</enum><header>Per taxpayer
maximum</header>
<clause id="HA26A182630D941D188FF17D00FB0029"><enum>(i)</enum><header>In
general</header><text display-inline="yes-display-inline">With respect to any
taxpayer, only the first 150,000,000 gallons of liquid coal fuel which is sold
or used by the taxpayer during any calendar year may be taken into account
under subsection (d) or (e).</text>
</clause><clause id="H42855C2C7416496EAD7DB43EA9B29E09"><enum>(ii)</enum><header>Termination of
taxpayer maximum</header><text>Clause (i) shall not apply with respect to any
calendar year after the first calendar year with respect to which the Secretary
certifies that, in the estimation of the Secretary, at least 5 taxpayers sell
or use liquid coal fuel which is taken into account under subsection (d) or
(e).</text>
</clause></subparagraph><subparagraph id="H2E820317360242658ED4663CFC86B93"><enum>(C)</enum><header>Per taxpayer
minimum</header><text display-inline="yes-display-inline">With respect to any
taxpayer, liquid coal fuel sold or used by the taxpayer during any calendar
year shall not be taken into account in determining the alternative fuel credit
under subsection (d) or the alternative fuel mixture credit under subsection
(e) unless the aggregate amount of liquid coal fuel sold or used by such
taxpayer during such calendar year exceeds 15,000,000 gallons.</text>
</subparagraph></paragraph><paragraph id="H8421C6152A274154936235CF4DF19498"><enum>(2)</enum><header>Adjustment of
credit amount</header><text display-inline="yes-display-inline">Solely for
purposes of determining that portion of the alternative fuel credit under
subsection (d) and the alternative fuel mixture credit under subsection (e)
which is allowed with respect to liquid coal fuel—</text>
<subparagraph id="HC93DBF9FC33E4A2DA82C7FF3005FAB2F"><enum>(A)</enum><header>Phase-out based
on price of oil</header>
<clause id="H03C2B3CFC4B54737BBA8AB1E07D09E58"><enum>(i)</enum><header>In
general</header><text display-inline="yes-display-inline">The 50 cent amounts
contained in subsections (d)(1) and (e)(1) shall each be reduced (but not below
zero) by an amount which bears the same ratio to the amount so contained in
subsection (d)(1) or (e)(1) (as so increased) as—</text>
<subclause id="HC2FB8187E4AE4731A0FD6011D9529F6B"><enum>(I)</enum><text display-inline="yes-display-inline">the amount (if any) by which the price of a
barrel of crude oil exceeds $45, bears to</text>
</subclause><subclause id="HB6CDAA7D03544BA500EA00E98CE05700"><enum>(II)</enum><text>$70.</text>
</subclause></clause><clause id="H290536D6BBC14E25B3BD81F1AB79281D"><enum>(ii)</enum><header>Determination
by Secretary</header><text>The price of a barrel of crude oil shall be
determined periodically by the Secretary under such methodology as the
Secretary determines appropriate. The price determined under this clause and
the reduction required by clause (i) shall apply with respect to liquid coal
fuel sold or used during the period to which such determination relates.</text>
</clause></subparagraph><subparagraph id="HA2790BEAF9AC4B14A3A4ABF0984932DE"><enum>(B)</enum><header>Inflation
adjustment of phase-out based on price of oil</header><text>In the case of any
period beginning in a calendar year after 2007, the dollar amounts contained in
subclauses (I) and (II) of subparagraph (A)(i) shall be increased by an amount
equal to—</text>
<clause id="H7B6855E95FFE42AF99FC30D1418DDB89"><enum>(i)</enum><text>such dollar
amount, multiplied by</text>
</clause><clause id="H2869E9F74AD546EC93EBE87A5001B60"><enum>(ii)</enum><text>the cost-of-living
adjustment determined under section 1(f)(3) for the calendar year in which the
taxable year begins, determined by substituting <quote>calendar year
2006</quote> for <quote>calendar year 1992</quote> in subparagraph (B)
thereof.</text>
</clause><continuation-text continuation-text-level="subparagraph">Any
increase determined under the preceding sentence shall be rounded to the
nearest multiple of $1.</continuation-text></subparagraph></paragraph><paragraph id="HEA0955A5CAE449E4A9C0C2ACF244BBA4"><enum>(3)</enum><header>Liquid coal
fuel</header><text display-inline="yes-display-inline">For purposes of this
section and section 6427, the term <term>liquid coal fuel</term> means liquid
fuel derived from coal which is described in subsection (d)(2)(E).</text>
</paragraph><paragraph id="H1C433E9C9A894C21BFD9FCA8EE50D415"><enum>(4)</enum><header>Application of
aggregation, etc., rules</header><text>Rules similar to the rules of paragraphs
(2), (3), and (4) of section 40(g) shall apply for purposes of the limitations
under paragraph (2).</text>
</paragraph><paragraph display-inline="no-display-inline" id="H433CB251AA58430B9746A359ED65813E"><enum>(5)</enum><header>Credit may be
transferred</header><text display-inline="yes-display-inline">Nothing in any
law or rule of law shall be construed to limit the transferability of the
alternative fuel credit under subsection (e) or the alternative fuel mixture
credit under subsection (e) if—</text>
<subparagraph id="HD14CAD9B716C455F89171F6C2CD7C71"><enum>(A)</enum><text>liquid coal fuel is
taken into account in determining such credit, and</text>
</subparagraph><subparagraph id="H0132721266704B7C83A65242BD969DD5"><enum>(B)</enum><text>such fuel or an
alternative fuel mixture produced with such coal is purchased from the
transferor of such credit by the transferee of such
credit.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H517F3F97C4474E3DADFC66BFDD2E3B78"><enum>(b)</enum><header>Extension of
credit</header>
<paragraph id="H970963B1245A4BBE97DEAFB400747577"><enum>(1)</enum><header>Alternative fuel
credit</header><text>Paragraph (4) of section 6426(d) of such Code (relating to
termination) is amended by inserting <quote>(the earlier of December 31, 2023,
or the date of the certification under subsection (g)(1)(A), in the case of any
sale or use involving liquid coal fuel)</quote> before the period at the
end.</text>
</paragraph><paragraph id="H81A3B446271E48B7898C9BDB005CF09C"><enum>(2)</enum><header>Alternative fuel
mixture credit</header><text display-inline="yes-display-inline">Paragraph (3)
of section 6426(e) of such Code (relating to termination) is amended by
inserting <quote>(the earlier of December 31, 2023, or the date of the
certification under subsection (g)(1)(A), in the case of any sale or use
involving liquid coal fuel)</quote> before the period at the end.</text>
</paragraph><paragraph id="H4F80224F9C984C49B6704D39BA73D1E2"><enum>(3)</enum><header>Refundability of
credit</header><text>Paragraph (5) of section 6427(e) of such Code (relating to
termination) is amended—</text>
<subparagraph id="H1B30BBE96BFA4C1FBD58225FD808724"><enum>(A)</enum><text>by striking
<quote>and</quote> at the end of subparagraph (C), by striking the period at
the end of subparagraph (D) and inserting <quote>, and</quote>, and by adding
at the end the following new subparagraph:</text>
<quoted-block display-inline="no-display-inline" id="HE9C765EB68E945348C5C889B8B00DB55" style="OLC">
<subparagraph id="H4BB38A21B6ED42889465C0BCD25659B"><enum>(E)</enum><text display-inline="yes-display-inline">any alternative fuel or alternative fuel
mixture (as so defined) involving liquid coal fuel sold or used after the
earlier of December 31, 2023, or the date of the certification under section
6426(g)(1)(A).</text>
</subparagraph><after-quoted-block>,
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="H5D7AA0FC578B436488D554F326389652"><enum>(B)</enum><text>by inserting
<quote>or (E)</quote> after <quote>subparagraph (D)</quote> in subparagraph
(C).</text>
</subparagraph></paragraph></subsection><subsection id="H6D721F4ECA324DB38E8118BA671F7988"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to any sale
or use for any period after September 30, 2006.</text>
</subsection></section><enum>II</enum><header>American-Made
Energy Trust Fund</header>
<section id="H49DD9D85A87D4A63BB7BD693DA8C0E3"><enum>201.</enum><header>Establishment of
American-Made Energy Trust Fund</header>
<subsection id="H0803FCB160214A69B142CB16336BA894"><enum>(a)</enum><header>Creation of
trust fund</header><text>Subchapter A of chapter 98 of the Internal Revenue
Code of 1986 is amended by inserting at the end the following new
section:</text>
<quoted-block id="H62B80768315040C2BE175384CFCE953" style="OLC">
<section id="H3DCB1A3651E941179116534FEBF9FBEB"><enum>9511.</enum><header>American-Made
Energy Trust Fund</header>
<subsection id="H49C60A6FD82F448B99411FE9FAEA0010"><enum>(a)</enum><header>Establishment of
Trust Fund</header><text>There is established in the Treasury of the United
States a trust fund to be known as the <quote>American-Made Energy Trust
Fund</quote>, consisting of such amounts as may be appropriated or credited to
the American-Made Energy Trust Fund as provided in this section or section
9602(b).</text>
</subsection><subsection id="HF2CEF3F0891A47F297A2B8D17CFA227"><enum>(b)</enum><header>Transfers to
Trust Fund</header><text>There are hereby appropriated to the American-Made
Energy Trust Fund amounts required to be transferred under section 308(a)(2) of
the American-Made Energy Freedom Act of 2006.</text>
</subsection><subsection id="HE920FE365763445DB1742C213886CDF3"><enum>(c)</enum><header>Expenditures
from American-Made Energy Trust Fund</header>
<paragraph id="HF7F78262C04E4903A0A97B00CBB3937"><enum>(1)</enum><header>In
general</header><text>As provided by appropriation Acts, amounts in the
American-Made Energy Trust Fund shall be available—</text>
<subparagraph id="H9B6F4ECF3E33480A947B5EB6A2951DED"><enum>(A)</enum><text display-inline="yes-display-inline">for transfer to the general fund of the
Treasury to offset any reduction in revenue to the United States that the
Secretary estimates results from the amendments made by title I of the
American-Made Energy Freedom Act of 2006, and</text>
</subparagraph><subparagraph id="HEA810DD4504F4A1984499DFAB7083453"><enum>(B)</enum><text>to carry out
sections 210, 932, 1510, 1511, 1512, 1514, and title XVII of the Energy Policy
Act of 2005.</text>
</subparagraph></paragraph><paragraph id="H0E9917250E7B4F5CA1428376F14907BE"><enum>(2)</enum><header>Limitation on
availability to carry out the Energy Policy Act of 2005</header>
<subparagraph id="H1FCEF5316A464C3ABC8CDB26A2D5B73C"><enum>(A)</enum><header>In
general</header><text>Notwithstanding paragraph (1), amounts in the
American-Made Energy Trust Fund shall be available to carry out the provisions
referred to in paragraph (1)(B) only with respect to so much of such amount as
the Secretary certifies, in the estimation of the Secretary, is in excess
(taking into account the Secretary’s estimate of future appropriations and
credits to the American-Made Energy Trust Fund) of the amounts necessary to
make all future transfers described in subparagraph (A) of paragraph
(1).</text>
</subparagraph><subparagraph id="H4E7EC76228EA42A0B767844CF0A800A3"><enum>(B)</enum><header>Apportionment of
excess amount</header><text>Notwithstanding paragraph (1), the excess amount
certified by the Secretary under subparagraph (A) shall be apportioned to the
provisions referred to in paragraph (1)(B) in accordance with the following
table:</text>
<table align-to-level="section" frame="none" line-rules="no-gen" rule-weights="0.0.0.4.0.0" subformat="S6211" table-type="subformat-2-Flush/hang:-1-text,-1-num,-bold-hds">
<tgroup cols="2"><colspec coldef="txt" colname="col1" colsep="0" colwidth="275" min-data-value="0"></colspec><colspec coldef="txt" colname="col2" colsep="0" colwidth="100" min-data-value="0"></colspec>
<thead>
<row><entry align="left" colname="I49" rowsep="0"><bold>To carry
out the following provision of the Energy Policy Act of
2005:</bold></entry><entry align="right" colname="I50" rowsep="0"><bold>The
following percentage of the excess amount shall be available: </bold></entry>
</row>
</thead>
<tbody>
<row><entry align="left" colname="I25" rowsep="0" stub-definition="txt-ldr">Section 210</entry><entry align="right" colname="I07" rowsep="0">15 percent</entry>
</row>
<row><entry align="left" colname="I25" rowsep="0" stub-definition="txt-ldr">Section 932</entry><entry align="right" colname="I07" rowsep="0">5 percent</entry>
</row>
<row><entry align="left" colname="I25" rowsep="0" stub-definition="txt-ldr">Section 1510</entry><entry align="right" colname="I07" rowsep="0">2 percent</entry>
</row>
<row><entry align="left" colname="I25" rowsep="0" stub-definition="txt-ldr">Section 1511</entry><entry align="right" colname="I07" rowsep="0">24 percent</entry>
</row>
<row><entry align="left" colname="I25" rowsep="0" stub-definition="txt-ldr">Section 1512</entry><entry align="right" colname="I07" rowsep="0">24 percent</entry>
</row>
<row><entry align="left" colname="I25" rowsep="0" stub-definition="txt-ldr">Section 1514</entry><entry align="right" colname="I07" rowsep="0">10 percent</entry>
</row>
<row><entry align="left" colname="I25" rowsep="0" stub-definition="txt-ldr">Title XVII</entry><entry align="right" colname="I07" rowsep="0">20 percent.</entry>
</row>
</tbody>
</tgroup>
</table>
</subparagraph><subparagraph id="H412B0C7B163A41D9853FD269D3F66149"><enum>(C)</enum><header>Maximum dollar
limitation</header><text>Notwithstanding paragraph (1), the maximum aggregate
amount which may be paid from the American-Made Energy Trust Fund to carry out
the provisions referred to in paragraph (1)(B) shall not exceed
$3,000,000,000.</text>
</subparagraph><subparagraph id="H1235F0E8F705449D90679E9D6071E214"><enum>(D)</enum><header>Report to
Congress</header><text>Any certification made under subparagraph (A) shall be
made in a written report to the Congress and shall include the relevant
estimates of the Secretary of future transfers, appropriations, and
credits.</text>
</subparagraph></paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H1F0DEFEDD644402F91A1FB81EC791205"><enum>(b)</enum><header>Clerical
amendment</header><text>The table of sections for subchapter A of chapter 98 of
such Code is amended by inserting at the end the following new item:</text>
<quoted-block display-inline="no-display-inline" id="HADA1622037DF41EABB65963F3B4C009B" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 9511. American-Made Energy Trust
Fund.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HC761BDE0F07349F8A3D3DA7FD808E72D"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply after the
date of the enactment of this Act.</text>
</subsection></section><enum>III</enum><header>Development of
oil and gas resources of the Coastal Plain of Alaska</header>
<section id="H28653DE1D2624929B2EE04B8461EA17E"><enum>301.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title:</text>
<paragraph id="H4EBCBDDC1E764503B4AB12EC6708ED42"><enum>(1)</enum><header>Coastal
Plain</header><text>The term <term>Coastal Plain</term> means that area
described in appendix I to part 37 of title 50, Code of Federal
Regulations.</text>
</paragraph><paragraph id="HE95305D6B9E44BFEAF35C7A46868FD38"><enum>(2)</enum><header>Secretary</header><text>The
term <term>Secretary</term>, except as otherwise provided, means the Secretary
of the Interior or the Secretary’s designee.</text>
</paragraph></section><section id="HA618AF8AB7934ACAA2D7F66FA57B2D8"><enum>302.</enum><header>Leasing program
for lands within the Coastal Plain</header>
<subsection id="HB30E33D3D1554A769E166640FEEC42EA"><enum>(a)</enum><header>In
general</header><text>The Secretary shall take such actions as are
necessary—</text>
<paragraph id="HECA3C06C862E46849C26E8143DB4CE98"><enum>(1)</enum><text>to establish and
implement, in accordance with this title and acting through the Director of the
Bureau of Land Management in consultation with the Director of the United
States Fish and Wildlife Service, a competitive oil and gas leasing program
that will result in an environmentally sound program for the exploration,
development, and production of the oil and gas resources of the Coastal Plain;
and</text>
</paragraph><paragraph id="HEAD4A6DBC52244328CB2C2558FA79DD0"><enum>(2)</enum><text>to administer the
provisions of this title through regulations, lease terms, conditions,
restrictions, prohibitions, stipulations, and other provisions that ensure the
oil and gas exploration, development, and production activities on the Coastal
Plain will result in no significant adverse effect on fish and wildlife, their
habitat, subsistence resources, and the environment, including, in furtherance
of this goal, by requiring the application of the best commercially available
technology for oil and gas exploration, development, and production to all
exploration, development, and production operations under this title in a
manner that ensures the receipt of fair market value by the public for the
mineral resources to be leased.</text>
</paragraph></subsection><subsection id="HDF71A2ECBCF54010AA2F78F19F76B099"><enum>(b)</enum><header>Repeal</header>
<paragraph id="H6BDEB071A5264B30BE72266C10007ED"><enum>(1)</enum><header>Repeal</header><text>Section
1003 of the Alaska National Interest Lands Conservation Act of 1980 (16
23U.S.C. 3143) is repealed.</text>
</paragraph><paragraph id="H2B927C27E51E43EB93BBC97000AA259E"><enum>(2)</enum><header>Conforming
amendment</header><text>The table of contents in section 1 of such Act is
amended by striking the item relating to section 1003.</text>
</paragraph></subsection><subsection id="H0A0BC1A7F680463498836780D2ABE462"><enum>(c)</enum><header>Compliance with
requirements under certain other laws</header>
<paragraph id="H0CD0D61132D143E08555F8C665113BC0"><enum>(1)</enum><header>Compatibility</header><text>For
purposes of the National Wildlife Refuge System Administration Act of 1966 (16
U.S.C. 668dd et seq.), the oil and gas leasing program and activities
authorized by this section in the Coastal Plain are deemed to be compatible
with the purposes for which the Arctic National Wildlife Refuge was
established, and no further findings or decisions are required to implement
this determination.</text>
</paragraph><paragraph id="H1C1A4308572E40489ECF4BF6064ED900"><enum>(2)</enum><header>Adequacy of the
Department of the Interior’s legislative environmental impact
statement</header><text>The <quote>Final Legislative Environmental Impact
Statement</quote> (April 1987) on the Coastal Plain prepared pursuant to
section 1002 of the Alaska National Interest Lands Conservation Act of 1980 (16
U.S.C. 3142) and section 102(2)(C) of the National Environmental Policy Act of
1969 (<external-xref legal-doc="usc" parsable-cite="usc/42/4332">42 U.S.C. 4332(2)(C)</external-xref>) is deemed to satisfy the requirements under the
National Environmental Policy Act of 1969 that apply with respect to prelease
activities, including actions authorized to be taken by the Secretary to
develop and promulgate the regulations for the establishment of a leasing
program authorized by this title before the conduct of the first lease
sale.</text>
</paragraph><paragraph id="H77F1847251C54651802EA5513D4E13CB"><enum>(3)</enum><header>Compliance with
NEPA for other actions</header><text>Before conducting the first lease sale
under this title, the Secretary shall prepare an environmental impact statement
under the National Environmental Policy Act of 1969 with respect to the actions
authorized by this title that are not referred to in paragraph (2).
Notwithstanding any other law, the Secretary is not required to identify
nonleasing alternative courses of action or to analyze the environmental
effects of such courses of action. The Secretary shall only identify a
preferred action for such leasing and a single leasing alternative, and analyze
the environmental effects and potential mitigation measures for those two
alternatives. The identification of the preferred action and related analysis
for the first lease sale under this title shall be completed within 18 months
after the date of enactment of this title. The Secretary shall only consider
public comments that specifically address the Secretary’s preferred action and
that are filed within 20 days after publication of an environmental analysis.
Notwithstanding any other law, compliance with this paragraph is deemed to
satisfy all requirements for the analysis and consideration of the
environmental effects of proposed leasing under this title.</text>
</paragraph></subsection><subsection id="H23FD1D61F7F94489912E20AB80A18100"><enum>(d)</enum><header>Relationship to
State and local authority</header><text>Nothing in this title shall be
considered to expand or limit State and local regulatory authority.</text>
</subsection><subsection id="H1522846CA11F4CFD89FE62AAA32C25E0"><enum>(e)</enum><header>Special
areas</header>
<paragraph id="HC98CE8D860144BB28D9EAE25EA7C381C"><enum>(1)</enum><header>In
general</header><text>The Secretary, after consultation with the State of
Alaska, the city of Kaktovik, and the North Slope Borough, may designate up to
a total of 45,000 acres of the Coastal Plain as a Special Area if the Secretary
determines that the Special Area is of such unique character and interest so as
to require special management and regulatory protection. The Secretary shall
designate as such a Special Area the Sadlerochit Spring area, comprising
approximately 4,000 acres.</text>
</paragraph><paragraph id="HCBC52A9E9C54490BA128A6E1D625C55"><enum>(2)</enum><header>Management</header><text>Each
such Special Area shall be managed so as to protect and preserve the area’s
unique and diverse character including its fish, wildlife, and subsistence
resource values.</text>
</paragraph><paragraph id="H35C2EE74C3A44671A525ED2E37A6B42"><enum>(3)</enum><header>Exclusion from
leasing or surface occupancy</header><text>The Secretary may exclude any
Special Area from leasing. If the Secretary leases a Special Area, or any part
thereof, for purposes of oil and gas exploration, development, production, and
related activities, there shall be no surface occupancy of the lands comprising
the Special Area.</text>
</paragraph><paragraph id="H4188C86AF82547C98DF0B777B1430C5"><enum>(4)</enum><header>Directional
drilling</header><text>Notwithstanding the other provisions of this subsection,
the Secretary may lease all or a portion of a Special Area under terms that
permit the use of horizontal drilling technology from sites on leases located
outside the Special Area.</text>
</paragraph></subsection><subsection id="HE383B119457D4556A66595648DED14E8"><enum>(f)</enum><header>Limitation on
closed areas</header><text>The Secretary’s sole authority to close lands within
the Coastal Plain to oil and gas leasing and to exploration, development, and
production is that set forth in this title.</text>
</subsection><subsection id="H3B60E7D37E224F9895F2F28E29921760"><enum>(g)</enum><header>Regulations</header>
<paragraph id="HFC11FCBF7F964F2BB000E3E505044498"><enum>(1)</enum><header>In
general</header><text>The Secretary shall prescribe such regulations as may be
necessary to carry out this title, including rules and regulations relating to
protection of the fish and wildlife, their habitat, subsistence resources, and
environment of the Coastal Plain, by no later than 15 months after the date of
enactment of this title.</text>
</paragraph><paragraph id="H9EC5504363D34B9DA73F36BA936C4400"><enum>(2)</enum><header>Revision of
regulations</header><text>The Secretary shall periodically review and, if
appropriate, revise the rules and regulations issued under subsection (a) to
reflect any significant biological, environmental, or engineering data that
come to the Secretary’s attention.</text>
</paragraph></subsection></section><section id="H6A164B89D8C04703BE73BB012D00E2DA"><enum>303.</enum><header>Lease
sales</header>
<subsection id="H43246B51779A4D8E9FF5BD43DF32916"><enum>(a)</enum><header>In
general</header><text>Lands may be leased pursuant to this title to any person
qualified to obtain a lease for deposits of oil and gas under the Mineral
Leasing Act (<external-xref legal-doc="usc" parsable-cite="usc/30/181">30 U.S.C. 181 et seq.</external-xref>).</text>
</subsection><subsection id="H64B878A882C94665A9C8311FB694222B"><enum>(b)</enum><header>Procedures</header><text>The
Secretary shall, by regulation, establish procedures for—</text>
<paragraph id="H05B491A07ED74DFCA5BF584346D81623"><enum>(1)</enum><text>receipt and
consideration of sealed nominations for any area in the Coastal Plain for
inclusion in, or exclusion (as provided in subsection (c)) from, a lease
sale;</text>
</paragraph><paragraph id="H02C80078405645FC88C5DB512E9D7445"><enum>(2)</enum><text>the holding of
lease sales after such nomination process; and</text>
</paragraph><paragraph id="H17F9AFE6EB09474E9B00E9F3A31F723B"><enum>(3)</enum><text>public notice of
and comment on designation of areas to be included in, or excluded from, a
lease sale.</text>
</paragraph></subsection><subsection id="HBD5F734C692549AAA0089622F51032CE"><enum>(c)</enum><header>Lease sale
bids</header><text>Bidding for leases under this title shall be by sealed
competitive cash bonus bids.</text>
</subsection><subsection id="H58B9ABE1816842E696226526593560F4"><enum>(d)</enum><header>Acreage minimum
in first sale</header><text>In the first lease sale under this title, the
Secretary shall offer for lease those tracts the Secretary considers to have
the greatest potential for the discovery of hydrocarbons, taking into
consideration nominations received pursuant to subsection (b)(1), but in no
case less than 200,000 acres.</text>
</subsection><subsection id="H02CF7B45BDFF4A24AD8677EDEBDD3F43"><enum>(e)</enum><header>Timing of lease
sales</header><text>The Secretary shall—</text>
<paragraph id="H6C493821967C4F1996A0C94D828EA500"><enum>(1)</enum><text>conduct the first
lease sale under this title within 22 months after the date of the enactment of
this title; and</text>
</paragraph><paragraph id="HE819EFAA10DB49F39DC7E00002E7F63"><enum>(2)</enum><text>conduct additional
sales so long as sufficient interest in development exists to warrant, in the
Secretary’s judgment, the conduct of such sales.</text>
</paragraph></subsection></section><section id="HBFF95D3CE5694ED9B635C7B6CCDDCBE"><enum>304.</enum><header>Grant of leases
by the Secretary</header>
<subsection id="HBD7CCE8AAB454D608F7DEBC3079634E"><enum>(a)</enum><header>In
general</header><text>The Secretary may grant to the highest responsible
qualified bidder in a lease sale conducted pursuant to section 303 any lands to
be leased on the Coastal Plain upon payment by the lessee of such bonus as may
be accepted by the Secretary.</text>
</subsection><subsection id="H2A85C02D0E6847C49577008CBCE5F83F"><enum>(b)</enum><header>Subsequent
transfers</header><text>No lease issued under this title may be sold,
exchanged, assigned, sublet, or otherwise transferred except with the approval
of the Secretary. Prior to any such approval the Secretary shall consult with,
and give due consideration to the views of, the Attorney General.</text>
</subsection></section><section id="H8F2D35D0DDBB499BBFB9FDD04039B615"><enum>305.</enum><header>Lease terms and
conditions</header>
<subsection id="HF9D02C2B20ED418A911D9F08EC48FAE4"><enum>(a)</enum><header>In
general</header><text>An oil or gas lease issued pursuant to this title
shall—</text>
<paragraph id="H5DDB0C06A9DF43AD9BAFBACC9064D9D"><enum>(1)</enum><text>provide for the
payment of a royalty of not less than 12½ percent in amount or value of the
production removed or sold from the lease, as determined by the Secretary under
the regulations applicable to other Federal oil and gas leases;</text>
</paragraph><paragraph id="H8466570BA1AC4906008CD88604B7A5A8"><enum>(2)</enum><text>provide that the
Secretary may close, on a seasonal basis, portions of the Coastal Plain to
exploratory drilling activities as necessary to protect caribou calving areas
and other species of fish and wildlife;</text>
</paragraph><paragraph id="H23EC711968A94960A95B1E5ED0CC7290"><enum>(3)</enum><text>require that the
lessee of lands within the Coastal Plain shall be fully responsible and liable
for the reclamation of lands within the Coastal Plain and any other Federal
lands that are adversely affected in connection with exploration, development,
production, or transportation activities conducted under the lease and within
the Coastal Plain by the lessee or by any of the subcontractors or agents of
the lessee;</text>
</paragraph><paragraph id="HDC437466E0F14C97A63302738D54E298"><enum>(4)</enum><text>provide that the
lessee may not delegate or convey, by contract or otherwise, the reclamation
responsibility and liability to another person without the express written
approval of the Secretary;</text>
</paragraph><paragraph id="HBF553AFD12EB43C4A0758E4BCF53AE58"><enum>(5)</enum><text>provide that the
standard of reclamation for lands required to be reclaimed under this title
shall be, as nearly as practicable, a condition capable of supporting the uses
which the lands were capable of supporting prior to any exploration,
development, or production activities, or upon application by the lessee, to a
higher or better use as approved by the Secretary;</text>
</paragraph><paragraph id="H2E4FD8A6C2EE4ADF98516B4D85412373"><enum>(6)</enum><text>contain terms and
conditions relating to protection of fish and wildlife, their habitat,
subsistence resources, and the environment as required pursuant to section
302(a)(2);</text>
</paragraph><paragraph id="H8956F3C8EFD8476EB96F5EE1E93C6DF7"><enum>(7)</enum><text>provide that the
lessee, its agents, and its contractors use best efforts to provide a fair
share, as determined by the level of obligation previously agreed to in the
1974 agreement implementing section 29 of the Federal Agreement and Grant of
Right of Way for the Operation of the Trans-Alaska Pipeline, of employment and
contracting for Alaska Natives and Alaska Native Corporations from throughout
the State;</text>
</paragraph><paragraph id="H7E3ABA5888084480B3AA448FF69492C8"><enum>(8)</enum><text>prohibit the
export of oil produced under the lease; and</text>
</paragraph><paragraph id="HC5C2294C5DFA44940089881E68AD0082"><enum>(9)</enum><text>contain such other
provisions as the Secretary determines necessary to ensure compliance with the
provisions of this title and the regulations issued under this title.</text>
</paragraph></subsection><subsection id="HB5EE3BA0A651480791BD21BB81D38F05"><enum>(b)</enum><header>Project labor
agreements</header><text>The Secretary, as a term and condition of each lease
under this title and in recognizing the Government’s proprietary interest in
labor stability and in the ability of construction labor and management to meet
the particular needs and conditions of projects to be developed under the
leases issued pursuant to this title and the special concerns of the parties to
such leases, shall require that the lessee and its agents and contractors
negotiate to obtain a project labor agreement for the employment of laborers
and mechanics on production, maintenance, and construction under the
lease.</text>
</subsection></section><section id="H95FEADACA22D4852B50829C2E4215C73"><enum>306.</enum><header>Coastal plain
environmental protection</header>
<subsection id="HE3F0A013978C462D8C00242C40B8CAE0"><enum>(a)</enum><header>No significant
adverse effect standard to govern authorized Coastal Plain
activities</header><text>The Secretary shall, consistent with the requirements
of section 302, administer the provisions of this title through regulations,
lease terms, conditions, restrictions, prohibitions, stipulations, and other
provisions that—</text>
<paragraph id="H9AC98BEEADE54F9F996754A3C0080784"><enum>(1)</enum><text>ensure the oil and
gas exploration, development, and production activities on the Coastal Plain
will result in no significant adverse effect on fish and wildlife, their
habitat, and the environment;</text>
</paragraph><paragraph id="H2EF9C2BBFB1D4621927CCCAC33D400B4"><enum>(2)</enum><text>require the
application of the best commercially available technology for oil and gas
exploration, development, and production on all new exploration, development,
and production operations; and</text>
</paragraph><paragraph id="HCDAE9ACB0B274EA88D0809B0E2AED46"><enum>(3)</enum><text>ensure that the
maximum amount of surface acreage covered by production and support facilities,
including airstrips and any areas covered by gravel berms or piers for support
of pipelines, does not exceed 2,000 acres on the Coastal Plain.</text>
</paragraph></subsection><subsection id="H74FFEF959FD64DA89749C4EBB891176"><enum>(b)</enum><header>Site-specific
assessment and mitigation</header><text>The Secretary shall also require, with
respect to any proposed drilling and related activities, that—</text>
<paragraph id="H5CA8ECD4CC124B25920322A7635802A9"><enum>(1)</enum><text>a
site-specific analysis be made of the probable effects, if any, that the
drilling or related activities will have on fish and wildlife, their habitat,
subsistence resources, and the environment;</text>
</paragraph><paragraph id="H8733F6C25B704537AAF4E421C3802F14"><enum>(2)</enum><text>a
plan be implemented to avoid, minimize, and mitigate (in that order and to the
extent practicable) any significant adverse effect identified under paragraph
(1); and</text>
</paragraph><paragraph id="H8853C7DC7A104F238F5B242806BCBB78"><enum>(3)</enum><text>the development of
the plan shall occur after consultation with the agency or agencies having
jurisdiction over matters mitigated by the plan.</text>
</paragraph></subsection><subsection id="HF5306E4F83E84FB08082BDCEA7098239"><enum>(c)</enum><header>Regulations to
protect coastal plain fish and wildlife resources, subsistence users, and the
environment</header><text>Before implementing the leasing program authorized by
this title, the Secretary shall prepare and promulgate regulations, lease
terms, conditions, restrictions, prohibitions, stipulations, and other measures
designed to ensure that the activities undertaken on the Coastal Plain under
this title are conducted in a manner consistent with the purposes and
environmental requirements of this title.</text>
</subsection><subsection id="H5297F9B4B985456196FD63A47B00D981"><enum>(d)</enum><header>Compliance with
Federal and State environmental laws and other requirements</header><text>The
proposed regulations, lease terms, conditions, restrictions, prohibitions, and
stipulations for the leasing program under this title shall require compliance
with all applicable provisions of Federal and State environmental law, and
shall also require the following:</text>
<paragraph id="H30A54C7143604B1E88E796BBD2725B9F"><enum>(1)</enum><text>Standards at least
as effective as the safety and environmental mitigation measures set forth in
items 1 through 29 at pages 167 through 169 of the <quote>Final Legislative
Environmental Impact Statement</quote> (April 1987) on the Coastal
Plain.</text>
</paragraph><paragraph id="HB9051CDAB4F84540B193093E6204305B"><enum>(2)</enum><text>Seasonal
limitations on exploration, development, and related activities, where
necessary, to avoid significant adverse effects during periods of concentrated
fish and wildlife breeding, denning, nesting, spawning, and migration.</text>
</paragraph><paragraph id="HDF73E1D6BD614AD38E1B6B562F25AC23"><enum>(3)</enum><text>That exploration
activities, except for surface geological studies, be limited to the period
between approximately November 1 and May 1 each year and that exploration
activities shall be supported, if necessary, by ice roads, winter trails with
adequate snow cover, ice pads, ice airstrips, and air transport methods, except
that such exploration activities may occur at other times if the Secretary
finds that such exploration will have no significant adverse effect on the fish
and wildlife, their habitat, and the environment of the Coastal Plain.</text>
</paragraph><paragraph id="H74120D6170374BE1A92507243D912F57"><enum>(4)</enum><text>Design safety and
construction standards for all pipelines and any access and service roads,
that—</text>
<subparagraph id="H716F643588A54CD09295CABD09BE5F20"><enum>(A)</enum><text>minimize, to the
maximum extent possible, adverse effects upon the passage of migratory species
such as caribou; and</text>
</subparagraph><subparagraph id="H4651BE5705184BD99EB239128EF4A04"><enum>(B)</enum><text>minimize adverse
effects upon the flow of surface water by requiring the use of culverts,
bridges, and other structural devices.</text>
</subparagraph></paragraph><paragraph id="HCF7EE2BC8E6E495300F1D3368F6120BE"><enum>(5)</enum><text>Prohibitions on
general public access and use on all pipeline access and service roads.</text>
</paragraph><paragraph id="H0BB0FFB704DD468D92F2231741F21554"><enum>(6)</enum><text>Stringent
reclamation and rehabilitation requirements, consistent with the standards set
forth in this title, requiring the removal from the Coastal Plain of all oil
and gas development and production facilities, structures, and equipment upon
completion of oil and gas production operations, except that the Secretary may
exempt from the requirements of this paragraph those facilities, structures, or
equipment that the Secretary determines would assist in the management of the
Arctic National Wildlife Refuge and that are donated to the United States for
that purpose.</text>
</paragraph><paragraph id="H9E6C03F4302A430E9E92B8F4F61FCC4E"><enum>(7)</enum><text>Appropriate
prohibitions or restrictions on access by all modes of transportation.</text>
</paragraph><paragraph id="H70D61C5007EB401FA77DC6344406D659"><enum>(8)</enum><text>Appropriate
prohibitions or restrictions on sand and gravel extraction.</text>
</paragraph><paragraph id="H829EC4FE6F9147FAB4AC4D3BCB3D56DD"><enum>(9)</enum><text>Consolidation of
facility siting.</text>
</paragraph><paragraph id="H95D0ED19016B4F4A949090F7BF1BF507"><enum>(10)</enum><text>Appropriate
prohibitions or restrictions on use of explosives.</text>
</paragraph><paragraph id="HB08E38E77BDE4017B18BBB53FDE51B8E"><enum>(11)</enum><text>Avoidance, to the
extent practicable, of springs, streams, and river system; the protection of
natural surface drainage patterns, wetlands, and riparian habitats; and the
regulation of methods or techniques for developing or transporting adequate
supplies of water for exploratory drilling.</text>
</paragraph><paragraph id="H881F39758C9D436DB6AE9C1D7EFB1448"><enum>(12)</enum><text>Avoidance or
minimization of air traffic-related disturbance to fish and wildlife.</text>
</paragraph><paragraph id="H1B65EA747AC34B58A88CCC1BD4B9A13E"><enum>(13)</enum><text>Treatment and
disposal of hazardous and toxic wastes, solid wastes, reserve pit fluids,
drilling muds and cuttings, and domestic wastewater, including an annual waste
management report, a hazardous materials tracking system, and a prohibition on
chlorinated solvents, in accordance with applicable Federal and State
environmental law.</text>
</paragraph><paragraph id="HBC79071516394B4FA3B6AFF2533F3E42"><enum>(14)</enum><text>Fuel storage and
oil spill contingency planning.</text>
</paragraph><paragraph id="HBD699EFDDF914DEDBFB4D33D2EFB2FA1"><enum>(15)</enum><text>Research,
monitoring, and reporting requirements.</text>
</paragraph><paragraph id="H36B90AA434C14E3ABE75B67E4D3988AE"><enum>(16)</enum><text>Field crew
environmental briefings.</text>
</paragraph><paragraph id="H0663ED133F2945BABDC74828C2A600E5"><enum>(17)</enum><text>Avoidance of
significant adverse effects upon subsistence hunting, fishing, and trapping by
subsistence users.</text>
</paragraph><paragraph id="H9CE3B777982A4AFD894782CB077453E9"><enum>(18)</enum><text>Compliance with
applicable air and water quality standards.</text>
</paragraph><paragraph id="H3D347DE1EA2948C4A77E3E889DE47181"><enum>(19)</enum><text>Appropriate
seasonal and safety zone designations around well sites, within which
subsistence hunting and trapping shall be limited.</text>
</paragraph><paragraph id="H879A820A4D74416E9EA0FF1853FFAE38"><enum>(20)</enum><text>Reasonable
stipulations for protection of cultural and archeological resources.</text>
</paragraph><paragraph id="HD6187807FF7C4B3BA9B626CCDA0482CB"><enum>(21)</enum><text>All other
protective environmental stipulations, restrictions, terms, and conditions
deemed necessary by the Secretary.</text>
</paragraph></subsection><subsection id="HAD083D4C675641F986B97CFB7B3C8553"><enum>(e)</enum><header>Considerations</header><text>In
preparing and promulgating regulations, lease terms, conditions, restrictions,
prohibitions, and stipulations under this section, the Secretary shall consider
the following:</text>
<paragraph id="HA3732FF7B86E4B1FA5155F16B804B6AC"><enum>(1)</enum><text>The stipulations
and conditions that govern the National Petroleum Reserve-Alaska leasing
program, as set forth in the 1999 Northeast National Petroleum Reserve-Alaska
Final Integrated Activity Plan/Environmental Impact Statement.</text>
</paragraph><paragraph id="H6E92237432574D37978F003FE2216003"><enum>(2)</enum><text>The environmental
protection standards that governed the initial Coastal Plain seismic
exploration program under parts 37.31 to 37.33 of title 50, Code of Federal
Regulations.</text>
</paragraph><paragraph id="H97DA932A47164EB0A9064EFB72934C3D"><enum>(3)</enum><text>The land use
stipulations for exploratory drilling on the KIC–ASRC private lands that are
set forth in Appendix 2 of the August 9, 1983, agreement between Arctic Slope
Regional Corporation and the United States.</text>
</paragraph></subsection><subsection id="H80AE34F135B647A7A12E8CA7BC00033C"><enum>(f)</enum><header>Facility
consolidation planning</header>
<paragraph id="H327981B3F2814A92AACD07D17E5DD1B"><enum>(1)</enum><header>In
general</header><text>The Secretary shall, after providing for public notice
and comment, prepare and update periodically a plan to govern, guide, and
direct the siting and construction of facilities for the exploration,
development, production, and transportation of Coastal Plain oil and gas
resources.</text>
</paragraph><paragraph id="HCBCF9CFF61D240DDBE6DC12417FF00F2"><enum>(2)</enum><header>Objectives</header><text>The
plan shall have the following objectives:</text>
<subparagraph id="H5DAB263E74E54F8A9038ADA5EAE6077C"><enum>(A)</enum><text>Avoiding
unnecessary duplication of facilities and activities.</text>
</subparagraph><subparagraph id="H6B9C3F3F060341D6829FB3D192021FBC"><enum>(B)</enum><text>Encouraging
consolidation of common facilities and activities.</text>
</subparagraph><subparagraph id="H4794BDCF37A04D0790A53E34CD5B028E"><enum>(C)</enum><text>Locating or
confining facilities and activities to areas that will minimize impact on fish
and wildlife, their habitat, and the environment.</text>
</subparagraph><subparagraph id="H42705A5A30F940FB9199FCBC2212D2F"><enum>(D)</enum><text>Utilizing existing
facilities wherever practicable.</text>
</subparagraph><subparagraph id="H8EECD867715B4DBEBB7971006CA3BBCF"><enum>(E)</enum><text>Enhancing
compatibility between wildlife values and development activities.</text>
</subparagraph></paragraph></subsection><subsection id="H1A30F61B5D05426CB58B7974A2A371CF"><enum>(g)</enum><header>Access to public
lands</header><text>The Secretary shall—</text>
<paragraph id="H773D1D6133E846FC9963752B9D383E22"><enum>(1)</enum><text>manage public
lands in the Coastal Plain subject to subsections (a) and (b) of section 811 of
the Alaska National Interest Lands Conservation Act (<external-xref legal-doc="usc" parsable-cite="usc/16/3121">16 U.S.C. 3121</external-xref>);
and</text>
</paragraph><paragraph id="HD22431726DD74CC49181E683CD53CB5E"><enum>(2)</enum><text>ensure that local
residents shall have reasonable access to public lands in the Coastal Plain for
traditional uses.</text>
</paragraph></subsection></section><section id="HB91C631076FA4B689E045FC4F5C90087"><enum>307.</enum><header>Expedited
judicial review</header>
<subsection id="HEC6556973B6142918304A38FCEF58B3"><enum>(a)</enum><header>Filing of
complaint</header>
<paragraph id="HFED1F5428FE24F9B86222500DC5F1541"><enum>(1)</enum><header>Deadline</header><text>Subject
to paragraph (2), any complaint seeking judicial review of any provision of
this title or any action of the Secretary under this title shall be
filed—</text>
<subparagraph id="H88F262DDF8C0439884E2A65EBDCC5823"><enum>(A)</enum><text>except as provided
in subparagraph (B), within the 90-day period beginning on the date of the
action being challenged; or</text>
</subparagraph><subparagraph id="H67115AD9987148B5B9713ECB64483409"><enum>(B)</enum><text>in the case of a
complaint based solely on grounds arising after such period, within 90 days
after the complainant knew or reasonably should have known of the grounds for
the complaint.</text>
</subparagraph></paragraph><paragraph id="HD3A4FFA75FF240DB88BA21E7A5F78FA9"><enum>(2)</enum><header>Venue</header><text>Any
complaint seeking judicial review of any provision of this title or any action
of the Secretary under this title may be filed only in the United States Court
of Appeals for the District of Columbia.</text>
</paragraph><paragraph id="H1A19B39E009B4E4181388664A46D96D5"><enum>(3)</enum><header>Limitation on
scope of certain review</header><text>Judicial review of a Secretarial decision
to conduct a lease sale under this title, including the environmental analysis
thereof, shall be limited to whether the Secretary has complied with the terms
of this title and shall be based upon the administrative record of that
decision. The Secretary’s identification of a preferred course of action to
enable leasing to proceed and the Secretary’s analysis of environmental effects
under this title shall be presumed to be correct unless shown otherwise by
clear and convincing evidence to the contrary.</text>
</paragraph></subsection><subsection id="H17C4BF1DEF0549BF863F6C60E9CA00"><enum>(b)</enum><header>Limitation on
other review</header><text>Actions of the Secretary with respect to which
review could have been obtained under this section shall not be subject to
judicial review in any civil or criminal proceeding for enforcement.</text>
</subsection></section><section id="H209EEDDEEDAA4633BF029C821D44CC77"><enum>308.</enum><header>Federal and
State distribution of revenues</header>
<subsection id="H894FF6E10E82483E0043508C025265F5"><enum>(a)</enum><header>In
general</header><text>Notwithstanding any other provision of law, of the amount
of adjusted bonus, rental, and royalty revenues from Federal oil and gas
leasing and operations authorized under this title—</text>
<paragraph id="H72A21CDD52C9400FB262BB3EF9B5D99C"><enum>(1)</enum><text>50 percent shall
be paid to the State of Alaska;</text>
</paragraph><paragraph id="H9938574835404A7DA00000A1BDB79571"><enum>(2)</enum><text>except as provided
in section 311(d), the balance shall be transferred to the American-Made Energy
Trust Fund.</text>
</paragraph></subsection><subsection id="HA5379B0342124845ADDA55656525B42"><enum>(b)</enum><header>Payments to
Alaska</header><text>Payments to the State of Alaska under this section shall
be made semiannually.</text>
</subsection></section><section id="H75AF5836F36D4301B1E0BD00C2ECCDA9"><enum>309.</enum><header>Rights-of-way
across the Coastal Plain</header>
<subsection id="HAC343EE62EC2429087264777EA1C43FD"><enum>(a)</enum><header>In
general</header><text>The Secretary shall issue rights-of-way and easements
across the Coastal Plain for the transportation of oil and gas—</text>
<paragraph id="H890E2B7329FC442DA49DC4B6521B0852"><enum>(1)</enum><text>except as provided
in paragraph (2), under section 28 of the Mineral Leasing Act (<external-xref legal-doc="usc" parsable-cite="usc/30/185">30 U.S.C. 185</external-xref>),
without regard to title XI of the Alaska National Interest Lands Conservation
Act (<external-xref legal-doc="usc" parsable-cite="usc/30/3161">30 U.S.C. 3161 et seq.</external-xref>); and</text>
</paragraph><paragraph id="H1969F6F214B94217002C10062B91A0AD"><enum>(2)</enum><text>under title XI of
the Alaska National Interest Lands Conservation Act (<external-xref legal-doc="usc" parsable-cite="usc/30/3161">30 U.S.C. 3161 et seq.</external-xref>),
for access authorized by sections 1110 and 1111 of that Act (16 U.S.C. 3170 and
3171).</text>
</paragraph></subsection><subsection id="HC61850F9236B49ACA6DFB5FD049C39D4"><enum>(b)</enum><header>Terms and
conditions</header><text>The Secretary shall include in any right-of-way or
easement issued under subsection (a) such terms and conditions as may be
necessary to ensure that transportation of oil and gas does not result in a
significant adverse effect on the fish and wildlife, subsistence resources,
their habitat, and the environment of the Coastal Plain, including requirements
that facilities be sited or designed so as to avoid unnecessary duplication of
roads and pipelines.</text>
</subsection><subsection id="H9496A2F463874E1986BD9C55B59BA731"><enum>(c)</enum><header>Regulations</header><text>The
Secretary shall include in regulations under section 302(g) provisions granting
rights-of-way and easements described in subsection (a) of this section.</text>
</subsection></section><section id="HE84250FC24E9474FB17F3F72B0AE89D"><enum>310.</enum><header>Conveyance</header><text display-inline="no-display-inline">In order to maximize Federal revenues by
removing clouds on title to lands and clarifying land ownership patterns within
the Coastal Plain, the Secretary, notwithstanding the provisions of section
1302(h)(2) of the Alaska National Interest Lands Conservation Act (16 U.S.C.
3192(h)(2)), shall convey—</text>
<paragraph id="H85FEDECF9C62441D92236102BFBBE9F4"><enum>(1)</enum><text>to the Kaktovik
Inupiat Corporation the surface estate of the lands described in paragraph 1 of
Public Land Order 6959, to the extent necessary to fulfill the Corporation’s
entitlement under sections 12 and 14 of the Alaska Native Claims Settlement Act
(43 U.S.C. 1611 and 1613) in accordance with the terms and conditions of the
Agreement between the Department of the Interior, the United States Fish and
Wildlife Service, the Bureau of Land Management, and the Kaktovik Inupiat
Corporation effective January 22, 1993; and</text>
</paragraph><paragraph id="H5D286E4F6CFA4329A7698D9C8222A392"><enum>(2)</enum><text>to the Arctic
Slope Regional Corporation the remaining subsurface estate to which it is
entitled pursuant to the August 9, 1983, agreement between the Arctic Slope
Regional Corporation and the United States of America.</text>
</paragraph></section><section id="H87EBEFFAFE8446E79BA5FA860139FE6"><enum>311.</enum><header>Local government
impact aid and community service assistance</header>
<subsection id="HDDC53CFEF24B490E88C46C8EC8F5AE61"><enum>(a)</enum><header>Financial
assistance authorized</header>
<paragraph id="HF89A0AF549F1496C8E6B5BAA9F4C38AC"><enum>(1)</enum><header>In
general</header><text>The Secretary may use amounts available from the Coastal
Plain Local Government Impact Aid Assistance Fund established by subsection (d)
to provide timely financial assistance to entities that are eligible under
paragraph (2) and that are directly impacted by the exploration for or
production of oil and gas on the Coastal Plain under this title.</text>
</paragraph><paragraph id="HD6F5A2A4C9854A3DA1DE66109B1DA157"><enum>(2)</enum><header>Eligible
entities</header><text>The North Slope Borough, the City of Kaktovik, and any
other borough, municipal subdivision, village, or other community in the State
of Alaska that is directly impacted by exploration for, or the production of,
oil or gas on the Coastal Plain under this title, as determined by the
Secretary, shall be eligible for financial assistance under this
section.</text>
</paragraph></subsection><subsection id="HF856586695294D9289E26D9C20CED0B7"><enum>(b)</enum><header>Use of
assistance</header><text>Financial assistance under this section may be used
only for—</text>
<paragraph id="H004CAB86D5B64C809343026D654DD9AD"><enum>(1)</enum><text>planning for
mitigation of the potential effects of oil and gas exploration and development
on environmental, social, cultural, recreational, and subsistence
values;</text>
</paragraph><paragraph id="HBC013D7673BD4F8088D7A3E85C110093"><enum>(2)</enum><text>implementing
mitigation plans and maintaining mitigation projects;</text>
</paragraph><paragraph id="H2691BEFBC95F44BEB54DB98B9083F78F"><enum>(3)</enum><text>developing,
carrying out, and maintaining projects and programs that provide new or
expanded public facilities and services to address needs and problems
associated with such effects, including fire-fighting, police, water, waste
treatment, medivac, and medical services; and</text>
</paragraph><paragraph id="HAF2CBFA4386F4F8CB5B407978B45AB8"><enum>(4)</enum><text>establishment of a
coordination office, by the north slope borough, in the city of kaktovik, which
shall—</text>
<subparagraph id="HD9B88F2661FE4F0A93780027905B91C"><enum>(A)</enum><text>coordinate with and
advise developers on local conditions, impact, and history of the areas
utilized for development; and</text>
</subparagraph><subparagraph id="H7CA2B6AF91034D348D106DA000617123"><enum>(B)</enum><text>provide to the
Committee on Resources of the House of Representatives and the Committee on
Energy and Natural Resources of the Senate an annual report on the status of
coordination between developers and the communities affected by
development.</text>
</subparagraph></paragraph></subsection><subsection id="H0B7CF67533494E1FAB42233EDC977E24"><enum>(c)</enum><header>Application</header>
<paragraph id="H37107DA84C1B4FA38623C58BCA72D4D1"><enum>(1)</enum><header>In
general</header><text>Any community that is eligible for assistance under this
section may submit an application for such assistance to the Secretary, in such
form and under such procedures as the Secretary may prescribe by
regulation.</text>
</paragraph><paragraph id="H65CA0337C9CA4E99B5D69D9947BF367B"><enum>(2)</enum><header>North Slope
Borough communities</header><text>A community located in the North Slope
Borough may apply for assistance under this section either directly to the
Secretary or through the North Slope Borough</text>
</paragraph><paragraph id="H49CD5880E8C6468DA5E094AB58BBB9"><enum>(3)</enum><header>Application
assistance</header><text>The Secretary shall work closely with and assist the
North Slope Borough and other communities eligible for assistance under this
section in developing and submitting applications for assistance under this
section.</text>
</paragraph></subsection><subsection id="HBEA21B16DA3A4637A2F2AEC9927C9136"><enum>(d)</enum><header>Establishment of
fund</header>
<paragraph id="H8297734A0A344BC7A8D121D4E694843D"><enum>(1)</enum><header>In
general</header><text>There is established in the Treasury the Coastal Plain
Local Government Impact Aid Assistance Fund.</text>
</paragraph><paragraph id="H1559AD448FE44D6FB8BF19E87700C400"><enum>(2)</enum><header>Use</header><text>Amounts
in the fund may be used only for providing financial assistance under this
section.</text>
</paragraph><paragraph id="HD36C9999B5A2453B84B19F5407DD2943"><enum>(3)</enum><header>Deposits</header><text>Subject
to paragraph (4), there shall be deposited into the fund amounts received by
the United States as revenues derived from rents, bonuses, and royalties from
Federal leases and lease sales authorized under this title.</text>
</paragraph><paragraph id="H4E5B6C4ACEB8426B0040D6E28879437D"><enum>(4)</enum><header>Limitation on
deposits</header><text>The total amount in the fund may not exceed
$11,000,000.</text>
</paragraph><paragraph id="H6A8305F5FC4641E49B2E6E833E00D6D1"><enum>(5)</enum><header>Investment of
balances</header><text>The Secretary of the Treasury shall invest amounts in
the fund in interest bearing government securities.</text>
</paragraph></subsection><subsection id="H77A5D9B86CC044D6A2B5718B38461321"><enum>(e)</enum><header>Authorization of
appropriations</header><text>To provide financial assistance under this section
there is authorized to be appropriated to the Secretary from the Coastal Plain
Local Government Impact Aid Assistance Fund $5,000,000 for each fiscal
year.</text>
</subsection></section>