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- S.1560
S.1560: Alaska Adjacent Zone Revenue Sharing Act
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about energy
- Introduced Aug. 3, 2009
- Latest Major Action Aug. 3, 2009
Bill Sponsor
Bill Summary
Alaska Adjacent Zone Revenue Sharing Act - Amends the Outer Continental Shelf Lands Act (OCSLA) to require that the state of Alaska receive 37.5% of: (1) any bonus bid paid for leasing rights for any area in the Alaska Adjacent Zone; and (2) specified post-leasing revenues including lease rental payments and lease royalty payments, as well as royalty proceeds from a sale of royalties taken in kind. Sets forth an allocation scheme under which...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Energy and Natural Resources.
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| Aug. 3, 2009 |
Introduced in the Senate by Mark Begich (D-Alaska) |