[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1759 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 1759

To amend the Gulf of Mexico Energy Security Act of 2006 to increase the 
  amount of Gulf of Mexico oil and gas lease revenue shared with Gulf 
                                States.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 5, 2011

  Mr. Bonner introduced the following bill; which was referred to the 
                     Committee on Natural Resources

_______________________________________________________________________

                                 A BILL


 
To amend the Gulf of Mexico Energy Security Act of 2006 to increase the 
  amount of Gulf of Mexico oil and gas lease revenue shared with Gulf 
                                States.

    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 ``Strengthening Our Share Act'' or the 
``S.O.S. Act''.

SEC. 2. INCREASE IN AMOUNT OF GULF OF MEXICO OIL AND GAS LEASE REVENUE 
              SHARED WITH GULF STATES.

    (a) Acceleration of Planned Sharing of Revenue From All Gulf of 
Mexico Leases Entered Into on and After 12/20/06.--The Gulf of Mexico 
Energy Security Act of 2006 (division C of Public Law 109-432; 43 
U.S.C. 1331 note) is amended--
            (1) in section 102(9)(A)--
                    (A) in clause (i), by striking ``2016'' and 
                inserting ``2009''; and
                    (B) in clause (ii)--
                            (i) by striking ``2017'' and inserting 
                        ``2010''; and
                            (ii) by striking ``2016'' and inserting 
                        ``2009''; and
            (2) in section 105(b)--
                    (A) in paragraph (1)--
                            (i) in the paragraph heading, by striking 
                        ``2016'' and inserting ``2009''; and
                            (ii) in subparagraph (A), by striking 
                        ``2016'' and inserting ``2009''; and
                    (B) in paragraph (2)--
                            (i) in the paragraph heading, by striking 
                        ``2017'' and inserting ``2010''; and
                            (ii) in subparagraph (A), by striking 
                        ``2017'' and inserting ``2010''.
    (b) Sharing of Revenue From All Gulf of Mexico Leases Entered Into 
Before 12/20/06.--The Gulf of Mexico Energy Security Act of 2006 
(division C of Public Law 109-432; 43 U.S.C. 1331 note) is amended--
            (1) in section 102(9)(A)(ii), by striking ``entered into on 
        or after the date of enactment of this Act'' and all that 
        follows and inserting ``entered into before, on, or after the 
        date of enactment of this Act for any area in the Gulf of 
        Mexico.''; and
            (2) in section 105(b)(2)(A)--
                    (A) in clause (i), by striking ``and'' at the end;
                    (B) in clause (ii), by striking the period at the 
                end and inserting ``; and''; and
                    (C) by adding at the end the following new clause:
                            ``(iii) the amount made available under 
                        subsection (a)(2) from any lease entered into 
                        within any other area shall be allocated to 
                        each Gulf producing State using rules 
                        substantially similar to the rules in clauses 
                        (i) and (ii).''.
    (c) Repeal of Limitation on Amount of Distributed Qualified Outer 
Continental Shelf Revenues.--Section 105(f) of the Gulf of Mexico 
Energy Security Act of 2006 (division C of Public Law 109-432; 43 
U.S.C. 1331 note) is repealed.
    (d) Application.--The amendments made by this section shall apply 
only to rentals, royalties, bonus bids, and other sums received by the 
United States on and after the date of the enactment of this Act.
                                 <all>