[Congressional Record Volume 170, Number 76 (Thursday, May 2, 2024)]
[Senate]
[Page S3339]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1951. Ms. MURKOWSKI submitted an amendment intended to be proposed 
to amendment SA 1911 submitted by Ms. Cantwell (for herself, Mr. Cruz, 
Ms. Duckworth, and Mr. Moran) and intended to be proposed to the bill 
H.R. 3935, to amend title 49, United States Code, to reauthorize and 
improve the Federal Aviation Administration and other civil aviation 
programs, and for other purposes; which was ordered to lie on the 
table; as follows:

       At the appropriate place, insert the following:

     SEC. ____. ALASKA OFFSHORE PARITY.

       (a) Definitions.--In this section:
       (1) Coastal political subdivision.--The term ``coastal 
     political subdivision'' means--
       (A) a county-equivalent subdivision of the State--
       (i) all or part of which lies within the coastal zone (as 
     defined in section 304 of the Coastal Zone Management Act of 
     1972 (16 U.S.C. 1453)) of the State; and
       (ii) the closest coastal point of which is not more than 
     200 nautical miles from the geographical center of any leased 
     tract in the Alaska outer Continental Shelf region; and
       (B) a municipal subdivision of the State that is determined 
     by the State to be a significant staging area for oil and gas 
     servicing, supply vessels, operations, suppliers, or workers.
       (2) Institution of higher education.--The term 
     ``institution of higher education'' has the meaning given the 
     term in section 102 of the Higher Education Act of 1965 (20 
     U.S.C. 1002).
       (3) Qualified revenues.--
       (A) In general.--The term ``qualified revenues'' means all 
     revenues derived from all rentals, royalties, bonus bids, and 
     other sums due and payable to the United States from energy 
     development in the Alaska outer Continental Shelf region.
       (B) Exclusions.--The term ``qualified revenues'' does not 
     include--
       (i) revenues generated from leases subject to section 8(g) 
     of the Outer Continental Shelf Lands Act (43 U.S.C. 1337(g)); 
     or
       (ii) revenues from the forfeiture of a bond or other surety 
     securing obligations other than royalties, civil penalties, 
     or royalties taken by the Secretary in-kind and not sold.
       (4) Secretary.--The term ``Secretary'' means the Secretary 
     of the Interior.
       (5) State.--The term ``State'' means the State of Alaska.
       (b) Disposition of Qualified Revenues in Alaska.--
       (1) In general.--Notwithstanding section 9 of the Outer 
     Continental Shelf Lands Act (43 U.S.C. 1338) and subject to 
     the other provisions of this section, for fiscal year 2024 
     and each fiscal year thereafter, the Secretary of the 
     Treasury shall deposit--
       (A) 50 percent of qualified revenues in the general fund of 
     the Treasury;
       (B) 30 percent of qualified revenues in a special account 
     in the Treasury, to be distributed by the Secretary to the 
     State;
       (C) 7.5 percent of qualified revenues in a special account 
     in the Treasury, to be distributed by the Secretary to 
     coastal political subdivisions; and
       (D) 12.5 percent of qualified revenues in the National 
     Oceans and Coastal Security Fund established under section 
     904(a) of the National Oceans and Coastal Security Act (16 
     U.S.C. 7503(a)).
       (2) Allocation among coastal political subdivisions.--Of 
     the amount paid by the Secretary to coastal political 
     subdivisions under paragraph (1)(C)--
       (A) 90 percent shall be allocated among costal political 
     subdivisions described in subsection (a)(1)(A) in amounts 
     (based on a formula established by the Secretary by 
     regulation) that are inversely proportional to the respective 
     distances between the point in each coastal political 
     subdivision that is closest to the geographic center of the 
     applicable leased tract and not more than 200 miles from the 
     geographic center of the leased tract; and
       (B) 10 percent shall be divided equally among each coastal 
     political subdivision described in subsection (a)(1)(B).
       (3) Timing.--The amounts required to be deposited under 
     paragraph (1) for the applicable fiscal year shall be made 
     available in accordance with that paragraph during the fiscal 
     year immediately following the applicable fiscal year.
       (4) Authorized uses.--
       (A) In general.--Subject to subparagraph (B), the State 
     shall use all amounts received under paragraph (1)(B) in 
     accordance with all applicable Federal and State laws, for 1 
     or more of the following purposes:
       (i) Projects and activities for the purposes of coastal 
     protection, conservation, and restoration, including onshore 
     infrastructure and relocation of communities directly 
     affected by coastal erosion, melting permafrost, or climate 
     change-related losses.
       (ii) Mitigation of damage to fish, wildlife, or natural 
     resources.
       (iii) Mitigation of the impact of outer Continental Shelf 
     activities through the funding of onshore infrastructure 
     projects and related rights-of-way.
       (iv) Adaptation planning, vulnerability assessments, and 
     emergency preparedness assistance to build healthy and 
     resilient communities.
       (v) Installation and operation of energy systems to reduce 
     energy costs and greenhouse gas emissions compared to systems 
     in use as of the date of enactment of this Act.
       (vi) Programs at institutions of higher education in the 
     State.
       (vii) Other purposes, as determined by the Governor of the 
     State, with approval from the State legislature.
       (viii) Planning assistance and the administrative costs of 
     complying with this section.
       (B) Limitation.--Not more than 3 percent of amounts 
     received by the State under paragraph (1)(B) may be used for 
     the purposes described in subparagraph (A)(viii).
       (5) Administration.--Amounts made available under 
     subparagraphs (B) and (C) of paragraph (1) shall--
       (A) be made available, without further appropriation, in 
     accordance with this section;
       (B) remain available until expended; and
       (C) be in addition to any amounts appropriated under any 
     other provision of law.
       (6) Reporting requirement for fiscal year 2025 and 
     thereafter.--
       (A) In general.--Beginning with fiscal year 2025, not later 
     than 180 days after the end of each fiscal year in which the 
     State receives amounts under paragraph (1)(B), the State 
     shall submit to the Secretary a report that describes the use 
     of the amounts by the State during the preceding fiscal year 
     covered by the report.
       (B) Public availability.--On receipt of a report required 
     under subparagraph (A), the Secretary shall make the report 
     available to the public on the website of the Department of 
     the Interior.
       (C) Limitation.--If the State fails to submit the report 
     required under subparagraph (A) by the deadline specified in 
     that subparagraph, any amounts that would otherwise be 
     provided to the State under paragraph (1)(B) for the 
     succeeding fiscal year shall be withheld for the succeeding 
     fiscal year until the date on which the report is submitted.
       (D) Contents of report.--Each report required under 
     subparagraph (A) shall include, for each project funded in 
     whole or in part using amounts received under paragraph 
     (1)(B)--
       (i) the name and description of the project;
       (ii) the amount received under paragraph (1)(B) that is 
     allocated to the project; and
       (iii) a description of how each project is consistent with 
     the authorized uses under paragraph (4).
       (E) Clarification.--Nothing in this paragraph--
       (i) requires or provides authority for the Secretary to 
     delay, modify, or withhold payment under this paragraph, 
     other than for failure to submit a report as required under 
     this paragraph;
       (ii) requires or provides authority for the Secretary to 
     review or approve uses of funds reported under this 
     paragraph;
       (iii) requires or provides authority for the Secretary to 
     approve individual projects that receive funds reported under 
     this paragraph;
       (iv) requires the State to obtain the approval of, or 
     review by, the Secretary prior to spending funds disbursed 
     under paragraph (1)(B);
       (v) requires or provides authority for the Secretary to 
     issue guidance relating to the contents of, or to determine 
     the completeness of, the report required under this 
     paragraph;
       (vi) requires the State to obligate or expend funds 
     disbursed under paragraph (1)(B) by a certain date; or
       (vii) requires or provides authority for the Secretary to 
     request the State to return unobligated funds.
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