To distribute revenue from offshore wind projects in the New York Bight Area to certain coastal States, and promote conservation and workforce development.
Summary
What This Bill Does
The bill creates parity in offshore wind revenue sharing within the New York Bight Area Section 8(p)(2) of the Outer Continental Shelf Lands Act (43 U.S.C, requires revenue sharing for wind lease sales in the new york bight area in fiscal year 2023 For any lease sales held in the New York Bight Area before the date of enactment of this Act, including OCS–A 0544, OCS–A, and requires exemption of certain payments from sequestration Section 255(g)(1)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. It relies on definition changes, compliance mandates, appropriations, and grants. The main policy areas are Education, Energy, Criminal Justice, and Environment.
Who Benefits and How
Disaster response agencies and disaster-affected communities could face lower compliance burdens and Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Regulated entities and members of the public affected by the bill would take on compliance duties, and Environmental and public health interests affected by the bill would take on compliance duties.
Key Provisions
- Creates parity in offshore wind revenue sharing within the New York Bight Area Section 8(p)(2) of the Outer Continental Shelf Lands Act (43 U.S.C.
- Requires revenue sharing for wind lease sales in the new york bight area in fiscal year 2023 For any lease sales held in the New York Bight Area before the date of enactment of this Act, including OCS–A 0544, OCS–A...
- Requires exemption of certain payments from sequestration Section 255(g)(1)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill creates parity in offshore wind revenue sharing within the New York Bight Area Section 8(p)(2) of the Outer Continental Shelf Lands Act (43 U.S.C, requires revenue sharing for wind lease sales in the new york bight area in fiscal year 2023 For any lease sales held in the New York Bight Area before the date of enactment of this Act, including OCS–A 0544, OCS–A, and requires exemption of certain payments from sequestration Section 255(g)(1)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C.
Key Policy Areas
Education, Energy, Criminal Justice, Environment
Primary Purpose
The bill creates parity in offshore wind revenue sharing within the New York Bight Area Section 8(p)(2) of the Outer Continental Shelf Lands Act (43 U.S.C, requires revenue sharing for wind lease sales in the new york bight area in fiscal year 2023 For any lease sales held in the New York Bight Area before the date of enactment of this Act, including OCS–A 0544, OCS–A, and requires exemption of certain payments from sequestration Section 255(g)(1)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C.
Policy Domains
Whole bill
Identified Gains
- Disaster response agencies and disaster-affected communities
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Regulated entities and members of the public affected by the bill
- Environmental and public health interests affected by the bill
- Energy producers and energy supply-chain firms affected by the bill
- Electric utilities and power customers affected by the bill
Legislative Progress
IntroducedMs. Malliotakis introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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