Wed June 24th, 2020
Sponsor: Sen. Bill Cassidy — R — LA
Addresses the distribution of revenues collected from oil and gas leasing on the Gulf of Mexico Outer Continental Shelf (OCS) and the Alaska OCS. Specifically, the bill increases the revenue Gulf states (Alabama, Louisiana, Mississippi, and Texas) receive from certain federal oil and leases in the Gulf of Mexico and eliminates the revenue sharing cap; exempts from sequestration payments of such rev...
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