II 111th CONGRESS 2d Session S. 3391 IN THE SENATE OF THE UNITED STATES May 20, 2010 Ms. Landrieu introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources A BILL To provide for accelerated revenue sharing of outer Continental Shelf revenues to promote coastal resiliency among Gulf producing States.

1.

Short title

This Act may be cited as the Restoring Ecosystem Sustainability and Protection on the Delta Act.

2.

Accelerated revenue sharing to promote coastal resiliency among Gulf producing States

Section 105 of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note; Public Law 109–432) is amended— (1)by striking subsection (b) and inserting the following: (b)

Allocation among gulf-Producing states for fiscal years 2010 and thereafter

(1)

In general

Subject to the provisions of this subsection, for fiscal year 2010 and each fiscal year thereafter, the amount made available under subsection (a)(2)(A) from a covered lease described in paragraph (2) shall be allocated to each Gulf producing State in amounts that are inversely proportional to the respective distances between the point on the coastline of each Gulf producing State that is closest to the geographic center of each historical lease site and the geographic center of the historical lease site, as determined by the Secretary. (2)

Covered lease

A covered lease referred to in paragraph (1) means a lease entered into for— (A)the 2002–2007 planning area; (B)the 181 Area; or (C)the 180 South Area. (3)

Minimum allocation

The amount allocated to a Gulf producing State each fiscal year under paragraph (1) shall be at least 10 percent of the amounts available under subsection (a)(2)(A). (4)

Historical lease sites

(A)

In general

Subject to subparagraph (B), for purposes of this subsection, the historical lease sites in the 2002–2007 planning area shall include all leases entered into by the Secretary for an area in the Gulf of Mexico during the period beginning on October 1, 1982 (or an earlier date if practicable, as determined by the Secretary), and ending on December 31, 2015. (B)

Adjustment

Effective January 1, 2022, and every 5 years thereafter, the ending date described in subparagraph (A) shall be extended for an additional 5 calendar years. (5)

Payments to coastal political subdivisions

(A)

In general

The Secretary shall pay 20 percent of the allocable share of each Gulf producing State, as determined under paragraphs (1) and (3), to the coastal political subdivisions of the Gulf producing State. (B)

Allocation

The amount paid by the Secretary to coastal political subdivisions shall be allocated to each coastal political subdivision in accordance with subparagraphs (B), (C), and (E) of section 31(b)(4) of the Outer Continental Shelf Lands Act (43 U.S.C. 1356a(b)(4)). ; and (2)by striking subsection (f).