[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 3906 Introduced in Senate (IS)]

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116th CONGRESS
  2d Session
                                S. 3906

 To amend the Gulf of Mexico Energy Security Act of 2006 to eliminate 
   the cap on qualified outer Continental Shelf revenues that may be 
    received by Gulf producing States under that Act, and for other 
                               purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              June 8, 2020

  Mr. Kennedy introduced the following bill; which was read twice and 
       referred to the Committee on Energy and Natural Resources

_______________________________________________________________________

                                 A BILL


 
 To amend the Gulf of Mexico Energy Security Act of 2006 to eliminate 
   the cap on qualified outer Continental Shelf revenues that may be 
    received by Gulf producing States under that Act, 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 ``Offshore Cap Parity Act''.

SEC. 2. ELIMINATION OF LIMITATIONS ON AMOUNT OF DISTRIBUTED QUALIFIED 
              OUTER CONTINENTAL SHELF REVENUES.

    Section 105 of the Gulf of Mexico Energy Security Act of 2006 (43 
U.S.C. 1331 note; Public Law 109-432) is amended by striking subsection 
(f).
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