Outer Continental Shelf Revenue Sharing Act of 1990

Outer Continental Shelf Revenue Sharing Act of 1990 - Establishes the Outer Continental Shelf Revenue Sharing Fund. Requires the Secretary of the Treasury to: (1) pay specified amounts into the Fund; and (2) provide each coastal State with an outer Continental Shelf revenue sharing block grant. Requires a recipient coastal State to submit an assessment of the expenditure of funds provided by the block grants.

 
HR 5883 IH
101st CONGRESS
2d Session
 H. R. 5883
To establish an Outer Continental Shelf Revenue Sharing Fund from which
coastal States shall receive block grants.
IN THE HOUSE OF REPRESENTATIVES
October 19, 1990
Mr. FIELDS introduced the following bill; which was referred jointly to the
Committees on Merchant Marine and Fisheries and Interior and Insular Affairs
A BILL
To establish an Outer Continental Shelf Revenue Sharing Fund from which
coastal States shall receive block grants.
  Be it enacted by the Senate and House of Representatives of the United
  States of America in Congress assembled,
SHORT TITLE
  SECTION 1. This Act may be cited as the `Outer Continental Shelf Revenue
  Sharing Act of 1990'.
DEFINITIONS
  SEC. 2. For purposes of this Act--
  (1) the term `coastal related energy facilities' means any equipment or
  facility which--
  (A) is or will be used primarily in the exploration for, or the development,
  production, conversion, storage, transfer processing, or transportation
  of any energy resource, or for the manufacture, production, or assembly
  of equipment, machinery, products, or devices which are involved in any
  such energy resource activity; and
  (B) is, or is likely to be, sited, constructed, expanded, or operated--
  (i) in the coastal zone of any coastal State;
  (ii) in close proximity to such coastal zone; or
  (iii) so as  to have, or be likely to have, a significant effect on such
  coastal zone,
because of technical requirements, including electric generating plants;
facilities associated with the transportation, transfer, or storage or
coal; petroleum refineries and associated facilities; gasification plants;
facilities associated with the transportation, conversion, treatment,
transfer, or storage of liquefied natural gas; oil and gas facilities,
including platforms, assembly plants, storage depots, tank farms, crew and
supply bases, and refining complexes; facilities, including deepwater ports,
for the transfer of petroleum; facilities used for alternative ocean energy
activities, including those associated with ocean thermal energy conversion;
and pipelines, transmission facilities, and terminals which are associated
with any of the foregoing;
  (2) the term `coastal State' means any State of the United States in,
  or bordering on, the Atlantic Ocean, the Pacific Ocean, the Arctic Ocean,
  the Gulf of Mexico, Long Island Sound, or one or more of the Great Lakes;
  (3) the term `Fund' means the Outer Continental Shelf Revenue Sharing Fund
  established under section 3;
  (4) the term `Outer Continental Shelf' means all submerged lands lying
  seaward and outside of the area of lands beneath navigable waters,
  as that term is defined in section 2(a) of the Submerged Lands Act (43
  U.S.C. 1301(a)), and of which the subsoil and seabed appertain to the
  United States and are subject to the jurisdiction and control; and
  (5) the term `Secretary' means the Secretary of the Interior.
OCS REVENUE SHARING
  SEC. 3. (a) There is established in the Treasury of the United States a
  fund to be known as the `Outer Continental Shelf Revenue Sharing Fund'.
  (b) DEPOSITS- Beginning in fiscal year 1991, the Secretary of the Treasury
  shall pay into the Fund, not later than sixty days after the end of the
  preceding fiscal year, the lesser of--
  (1) $500,000,000; or
  (2) an amount equal to 20 per centum of the amount of all sums deposited
  in the Treasury of the United States pursuant to section 9 of the Outer
  Continental Shelf Lands Act (43 U.S.C. 1338) during the preceding fiscal
  year.
OCS REVENUE SHARING BLOCK GRANTS
  SEC. 4. (a) Beginning in fiscal year 1991, the Secretary shall provide to
  each coastal State an Outer Continental Shelf revenue sharing block grant
  (hereinafter in this subtitle referred to as a `block grant') from amounts
  paid into the Fund during the previous fiscal year pursuant to section 3.
  (b) AMOUNT- The amount of each block grant provided under subsection (a)
  for a fiscal year to a coastal State shall be determined by the Secretary
  under a formula established by the Secretary which gives equal consideration
  to each of the following criteria:
  (1) The amount of actual leasing with respect to oil and gas and other
  energy resources which is carried out under the Outer Continental Shelf
  Lands Act (43 U.S.C. 1331 et seq.) during the previous fiscal year which
  occurs within two hundred and fifty miles of a State coastline.
  (2) The volume of oil and gas produced from Outer Continental Shelf lands
  leased by the Federal Government which is first landed in each coastal
  State during the preceding fiscal year.
  (3) For each coastal State, any proposed oil and gas lease sales which are
  specified by the Outer Continental Shelf leasing program prepared pursuant
  to section 18(a) of the Outer Continental Shelf Lands Act (43 U.S.C. 1344(a))
  and which are scheduled to occur within the Outer Continental Shelf planning
  area to which such coastal State is adjacent.
  (4) The coastal related energy facilities located within each coastal
  State during the proceding fiscal year.
  (5) The coastal population of each coastal State.
ASSESSMENT AND AUDIT
  SEC. 5. (a) ASSESSMENT- Any coastal State receiving a block grant for a
  fiscal year under section 4(a) shall submit to the Secretary an assessment
  of the expenditure of funds provided by the block grants.
  (b) CONTENTS- (1) Each assessment submitted by a coastal State for a fiscal
  year under subsection (a) shall contain a statement of all funds provided
  by the block grant received by such coastal State for such fiscal year.
  (2) Such statement shall have been audited by an entity which is independent
  of any agency or official administering or using funds provided by such
  block grant.
  (3) The audit shall be conducted in accordance with the financial and
  compliance element of the standards for audit of governmental organizations,
  activities, and functions established by the Comptroller General of the
  United States.