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US HR913

US HR913
RISEE Act of 2023 Reinvesting In Shoreline Economies and Ecosystems Act of 2023


summary

Introduced
02/09/2023
In Committee
02/21/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To modify the disposition of certain outer Continental Shelf revenues and to open Federal financial sharing to heighten opportunities for renewable energy, and for other purposes.

AI Summary

This bill, the Reinvesting In Shoreline Economies and Ecosystems Act of 2023 (RISEE Act of 2023), makes several key changes: 1. It amends the National Oceans and Coastal Security Act to expand the National Oceans and Coastal Security Fund, increase the amount of offshore wind revenue sharing going to the Fund, and modify how grants from the Fund are allocated to coastal states and other entities. 2. It modifies the Gulf of Mexico Energy Security Act of 2006 to remove the limitation on the amount of qualified outer Continental Shelf revenues that can be distributed, and adds reporting requirements for Gulf producing states on how they use the funds. 3. It eliminates the administrative fee under the Mineral Leasing Act, which previously allowed the federal government to retain a portion of revenues from mineral leases on federal lands before distributing the remainder to states and other entities. The overall goal of the bill is to provide more federal funding and revenue sharing opportunities to support coastal protection, restoration, and infrastructure projects, as well as other activities related to ocean and coastal resources.

Committee Categories

Agriculture and Natural Resources

Sponsors (48)

Lizzie Fletcher (D)* Colin Allred (D),  Gabe Amo (D),  Shontel Brown (D),  Julia Brownley (D),  Salud Carbajal (D),  Troy Carter (D),  Gerry Connolly (D),  Don Davis (D),  Anna Eshoo (D),  Brian Fitzpatrick (R),  John Garamendi (D),  Andrew Garbarino (R),  Robert Garcia (D),  Sylvia Garcia (D),  Dan Goldman (D),  Josh Gottheimer (D),  Jim Himes (D),  Steny Hoyer (D),  Jen Kiggans (R),  Andy Kim (D),  Nick LaLota (R),  Mike Lawler (R),  Ted Lieu (D),  Nancy Mace (R),  Seth Magaziner (D),  Doris Matsui (D),  Gregory Meeks (D),  Marc Molinaro (R),  Joe Morelle (D),  Kevin Mullin (D),  Jerry Nadler (D),  Troy Nehls (R),  Donald Norcross (D),  Frank Pallone (D),  Jimmy Panetta (D),  Donald Payne (D),  Pat Ryan (D),  Mary Gay Scanlon (D),  Hillary Scholten (D),  Mikie Sherrill (D),  Abigail Spanberger (D),  Tom Suozzi (D),  Mike Thompson (D),  David Trone (D),  Gabe Vasquez (D),  Randy Weber (R),  Joe Wilson (R), 

Last Action

Referred to the Subcommittee on Energy and Mineral Resources. (on 02/21/2023)

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