[Congressional Record Volume 162, Number 20 (Wednesday, February 3, 2016)]
[Senate]
[Page S615]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 3255. Mr. WHITEHOUSE submitted an amendment intended to be
proposed to amendment SA 2953 proposed by Ms. Murkowski to the bill S.
2012, to provide for the modernization of the energy policy of the
United States, and for other purposes; which was ordered to lie on the
table; as follows:
At the end of subtitle B of title III, add the following:
SEC. 31__. DISPOSITION OF QUALIFIED OUTER CONTINENTAL SHELF
REVENUES.
Section 105(a) of the Gulf of Mexico Energy Security Act of
2006 (43 U.S.C. 1331 note; Public Law 109-432) is amended--
(1) in paragraph (1), by striking ``50'' and inserting
``25''; and
(2) in paragraph (2)--
(A) in the matter preceding subparagraph (A), by striking
``50'' and inserting ``75'';
(B) in subparagraph (A)--
(i) by striking ``75'' and inserting ``50''; and
(ii) by striking ``and'' after the semicolon;
(C) in subparagraph (B), by striking the period at the end
and inserting ``; and''; and
(D) by adding at the end the following:
``(C) 25 percent to provide financial assistance to States
in accordance with section 906(b) of the National Oceans and
Coastal Security Act (Public Law 114-113), which shall be
considered income to the National Oceans and Coastal Security
Fund for purposes of section 904 of that Act.''.
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