Domestic Offshore Energy Reinvestment Act of 2018

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6763 Introduced in House (IH)]

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115th CONGRESS
  2d Session
                                H. R. 6763

To amend the Gulf of Mexico Energy Security Act of 2006, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 10, 2018

   Mr. Graves of Louisiana introduced the following bill; which was 
             referred to the Committee on Natural Resources

_______________________________________________________________________

                                 A BILL


 
To amend the Gulf of Mexico Energy Security Act of 2006, 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 ``Domestic Offshore Energy 
Reinvestment Act of 2018''.

SEC. 2. AMENDMENTS TO THE GULF OF MEXICO ENERGY SECURITY ACT OF 2006.

    (a) In General.--Section 105(a) of the Gulf of Mexico Energy 
Security Act of 2006 (43 U.S.C. 1331 note) is amended--
            (1) in paragraph (1), by striking ``50'' and inserting 
        ``37.5''; and
            (2) in paragraph (2)--
                    (A) in the matter preceding subparagraph (A), by 
                striking ``50'' and inserting ``62.5'';
                    (B) in subparagraph (A), by striking ``75'' and 
                inserting ``80''; and
                    (C) in subparagraph (B), by striking ``25'' and 
                inserting ``20''.
    (b) In General.--Section 105(d) of the Gulf of Mexico Energy 
Security Act of 2006 (43 U.S.C. 1331 note) is amended--
            (1) in paragraph (1) by inserting after subparagraph (E):
                    ``(F) Planning, engineering, design, construction, 
                operations, and maintenance of one or more projects 
                that are specifically authorized by any other act for 
                ecosystem restoration, hurricane protection or flood 
                damage prevention.''; and
            (2) in paragraph (2) by striking paragraph (2) and 
        inserting:
            ``(2) Limitation.--Of the amounts received by a Gulf 
        producing State or Coastal political subdivision under 
        subsection (b)--
                    ``(A) not more than 3 percent may be used for the 
                purposes described in paragraph (1)(E); and
                    ``(B) not less than 25 percent may be used for the 
                purposes described in paragraph (1)(F), and shall be 
                applied proportionally to the applicable Federal and 
                non-Federal share pursuant to such specific project 
                authorization.''.
    (c) In General.--Section 105(f) of the Gulf of Mexico Energy 
Security Act of 2006 (43 U.S.C. 1331 note) is amended by--
            (1) striking paragraph (1); and
            (2) redesignating paragraphs (2) and (3) as paragraphs (1) 
        and (2).
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