[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6593 Introduced in House (IH)]







110th CONGRESS
  2d Session
                                H. R. 6593

To terminate prohibitions on leasing of areas of the Outer Continental 
    Shelf and the Arctic National Wildlife Refuge for exploration, 
   development, and production of oil and natural gas, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 24, 2008

 Mr. Lampson introduced the following bill; which was referred to the 
 Committee on Natural Resources, and in addition to the Committees on 
  Science and Technology and Energy and Commerce, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL


 
To terminate prohibitions on leasing of areas of the Outer Continental 
    Shelf and the Arctic National Wildlife Refuge for exploration, 
   development, and production of oil and natural gas, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Domestic Drilling Act''.

SEC. 2. TERMINATION OF MORATORIA ON OIL AND GAS LEASING OF THE OUTER 
              CONTINENTAL SHELF AND ANWR.

    All provisions of Federal law that prohibit leasing of any area of 
the outer Continental Shelf or the Arctic National Wildlife Refuge for 
exploration, development, and production of oil and natural gas, or 
that prohibit the spending of appropriated funds to conduct oil and 
natural gas leasing, preleasing, and related activities for any such 
area, shall have no force or affect.

SEC. 3. REVOCATION OF EXISTING PRESIDENTIAL WITHDRAWALS.

    All withdrawals of Federal lands and submerged lands by the 
President under the authority of section 12(a) of the Outer Continental 
Shelf Lands Act (43 U.S.C. 1341(a)) are hereby revoked and no longer in 
effect.

SEC. 4. REQUIREMENT TO CONDUCT OIL AND GAS RESOURCES INVENTORY AND 
              LEASE SALES FOR THE OCS AND ANWR.

    (a) In General.--The Secretary of the Interior shall, within 2 
years after the date of enactment of this Act and under sections 8, 18, 
and 19 of the Outer Continental Shelf Lands Act (43 U.S.C. 1337, 1344, 
and 1345)--
            (1) conduct an inventory of the oil and natural gas 
        resources of all submerged lands of the Outer Continental Shelf 
        and all lands of the Arctic National Wildlife Refuge; and
            (2) prepare a strategic five-year plan for the sale of oil 
        and natural gas leases for such submerged lands and lands.
    (b) Disposition of Revenues.--The Secretary of the Treasury shall 
distribute funds from all bonus bids, rentals, royalties, and other 
sums collected each fiscal year by the United States under Federal oil 
and gas leases of areas that are available for such leasing as a result 
of the enactment of this Act, in the following manner:
            (1) 25 percent shall be deposited into the Fund established 
        by section 5(a).
            (2) 25 percent shall be deposited into the general fund of 
        the Treasury.
            (3) 37.5 percent shall be paid to Alaska and other States 
        that are affected States (as that term is defined in section 
        2(f) of the Outer Continental Shelf Lands Act (43 U.S.C. 
        1331(f)) with respect any such lease, in proportion to the 
        amount of such funds collected under leases of areas in each 
        such State or for which the laws of each such State are 
        declared, pursuant to section 4(a)(2) of the Outer Continental 
        Shelf Lands Act (43 U.S.C. 1333(a)(2)), to be the laws of the 
        United States.
            (4) 12.5 percent shall be used to provide financial 
        assistance to States in accordance with section 6 of the Land 
        and Water Conservation Fund Act of 1965 (16 U.S.C. 460l-8), 
        which shall be considered income to the Land and Water 
        Conservation Fund for purposes of section 2 of that Act (16 
        U.S.C. 460l-8).

SEC. 5. DEPARTMENT OF ENERGY RESERVE FUND.

    (a) Establishment.--There is hereby established in the Treasury of 
the United States the Department of Energy Reserve Fund (in this 
section referred to as ``the Fund'').
    (b) Use of Fund.--The Fund shall be available, to the extent 
provided in appropriations Acts, for the cost of subsequent legislation 
to promote research, development, and use of clean domestic energy, 
including clean domestic renewable energy, and to increase domestic 
energy independence and energy security.
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