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.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill creates national Oceans and Coastal Security Fund; parity in offshore wind revenue sharing Section 902 of the National Oceans and Coastal Security Act (16 U.S.C, creates eligible uses Amounts in the Fund may be allocated by the Administrator under section 906(b) and the Foundation, in consultation with the Administrator, under section 906(c) to support programs and activities, and creates gulf of Mexico outer Continental Shelf revenues Section 105(d)(1)(D) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. It relies on definition changes, grants, reporting requirements, and appropriations. The main policy areas are Energy, Native American Tribes, Environment, and Finance.
Who Benefits and How
Financial services firms and customers affected by the bill could gain revenue opportunities, Environmental and public health interests affected by the bill could gain revenue opportunities, and Energy producers and energy supply-chain firms affected by the bill could gain revenue opportunities.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Tribal governments and members affected by the bill could lose revenue opportunities, and Energy producers and energy supply-chain firms affected by the bill would take on compliance duties.
Key Provisions
- Creates national Oceans and Coastal Security Fund; parity in offshore wind revenue sharing Section 902 of the National Oceans and Coastal Security Act (16 U.S.C.
- Creates eligible uses Amounts in the Fund may be allocated by the Administrator under section 906(b) and the Foundation, in consultation with the Administrator, under section 906(c) to support programs and activities...
- Creates gulf of Mexico outer Continental Shelf revenues Section 105(d)(1)(D) of the Gulf of Mexico Energy Security Act of 2006 (43 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 national Oceans and Coastal Security Fund; parity in offshore wind revenue sharing Section 902 of the National Oceans and Coastal Security Act (16 U.S.C, creates eligible uses Amounts in the Fund may be allocated by the Administrator under section 906(b) and the Foundation, in consultation with the Administrator, under section 906(c) to support programs and activities, and creates gulf of Mexico outer Continental Shelf revenues Section 105(d)(1)(D) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C.
Key Policy Areas
Energy, Native American Tribes, Environment, Finance
Primary Purpose
The bill creates national Oceans and Coastal Security Fund; parity in offshore wind revenue sharing Section 902 of the National Oceans and Coastal Security Act (16 U.S.C, creates eligible uses Amounts in the Fund may be allocated by the Administrator under section 906(b) and the Foundation, in consultation with the Administrator, under section 906(c) to support programs and activities, and creates gulf of Mexico outer Continental Shelf revenues Section 105(d)(1)(D) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C.
Policy Domains
Whole bill
Identified Gains
- Financial services firms and customers affected by the bill
- Environmental and public health interests affected by the bill
- Energy producers and energy supply-chain firms affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Tribal governments and members affected by the bill
- Energy producers and energy supply-chain firms affected by the bill
- Financial services firms and customers affected by the bill
- Environmental and public health interests affected by the bill
Sponsors
Legislative Progress
IntroducedMrs. Fletcher (for herself, Mr. Weber of Texas, Mr. Davis …
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?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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