[Congressional Record Volume 167, Number 139 (Wednesday, August 4, 2021)]
[Senate]
[Page S5868]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2536. Mrs. HYDE-SMITH submitted an amendment intended to be 
proposed to amendment SA 2137 proposed by Mr. Schumer (for Ms. Sinema 
(for herself, Mr. Portman, Mr. Manchin, Mr. Cassidy, Mrs. Shaheen, Ms. 
Collins, Mr. Tester, Ms. Murkowski, Mr. Warner, and Mr. Romney)) to the 
bill H.R. 3684, to authorize funds for Federal-aid highways, highway 
safety programs, and transit programs, and for other purposes; which 
was ordered to lie on the table; as follows:

        At the end of title XII of division D, add the following:

     SEC. 412__. GULF OF MEXICO OUTER CONTINENTAL SHELF REVENUES.

       (a) Definition of Qualified Outer Continental Shelf 
     Revenues.--Section 102(9)(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 clause (i)(II), by striking ``and'' after the 
     semicolon;
       (2) in clause (ii)--
       (A) in the matter preceding subclause (I), by striking 
     ``fiscal year 2017 and each fiscal year thereafter'' and 
     inserting ``each of fiscal years 2017 through 2021''; and
       (B) in subclause (III), by striking the period and 
     inserting ``; and''; and
       (3) by adding at the end the following:
       ``(iii) in the case of fiscal year 2022 and each fiscal 
     year thereafter, all rentals, royalties, bonus bids, and 
     other sums due and payable to the United States received on 
     or after October 1, 2021, from leases entered into on or 
     after October 1, 2000 for--

       ``(I) the 181 Area;
       ``(II) the 181 South Area; and
       ``(III) the 2002-2007 planning area.''.

       (b) Disposition of Qualified Outer Continental Shelf 
     Revenues.--
       (1) In general.--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--
       (A) in paragraph (1), by striking ``50'' and inserting 
     ``37.5''; and
       (B) in paragraph (2)--
       (i) in the matter preceding subparagraph (A), by striking 
     ``50'' and inserting ``62.5'';
       (ii) in subparagraph (A), by striking ``75'' and inserting 
     ``80''; and
       (iii) in subparagraph (B), by striking ``25'' and inserting 
     ``20''.
       (2) Limitations on amount of distributed qualified outer 
     continental shelf revenues.--Section 105(f) of the Gulf of 
     Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note; 
     Public Law 109-432) is amended--
       (A) in paragraph (1)--
       (i) in subparagraph (A), by adding ``and'' after the 
     semicolon;
       (ii) in subparagraph (B), by striking ``; and'' and 
     inserting a period; and
       (iii) by striking subparagraph (C); and
       (B) in paragraph (2), by striking ``2055'' and inserting 
     ``2021''.
       (c) Exemption of Certain Payments From Sequestration.--
       (1) In general.--Section 255(g)(1)(A) of the Balanced 
     Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 
     905(g)(1)(A)) is amended by inserting after ``Payments to 
     Social Security Trust Funds (28-0404-0-1-651).'' the 
     following:
       ``Payments to States pursuant to section 105(a)(2)(A) of 
     the Gulf of Mexico Energy Security Act of 2006 (Public Law 
     109-432; 43 U.S.C. 1331 note) (014-5535-0-2-302).''.
       (2) Applicability.--The amendment made by this subsection 
     shall apply to any sequestration order issued under the 
     Balanced Budget and Emergency Deficit Control Act of 1985 (2 
     U.S.C. 900 et seq.) on or after the date of enactment of this 
     Act.
                                 ______