II 111th CONGRESS 1st Session S. 1575 IN THE SENATE OF THE UNITED STATES August 4, 2009 Mr. Udall of Colorado (for himself and Mr. Bennet) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources A BILL To amend title 10, United States Code, to ensure that excess oil and gas lease revenues are distributed in accordance with the Mineral Leasing Act, and for other purposes.

1.

Treatment of Oil Shale Reserve receipts

Section 7439(f) of title 10, United States Code, is amended by adding at the end the following: (3)(A)The moneys deposited in the Treasury under paragraph (1) that exceed the amounts described in subparagraphs (A) and (B) of paragraph (2) shall be transferred by the Secretary of the Treasury in accordance with section 35 of the Mineral Leasing Act (30 U.S.C. 191) to the State of Colorado for use in accordance with subparagraph (B). (B)Amounts transferred to the State of Colorado under subparagraph (A) shall be used by the State and political subdivisions of the State for— (i)conservation, restoration, and protection of land, water, and wildlife resources affected by oil or gas development activities in Garfield and Rio Blanco Counties in the State; (ii)repair, maintenance, and construction of State and county roads in each of those counties; and (iii)the conduct of capital improvement projects (including the construction and maintenance of sewer and water treatment plants) that are designed and carried out to address the impacts of oil and gas development activities in each of those counties. .