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- H.R.2673
H.R.2673: Gulf Coast Oil and Gas Royalty Giveaway Repeal and Deficit Reduction Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about public lands and natural resources
- Introduced July 27, 2011
- Latest Major Action July 29, 2011
Bill Sponsor
Bill Summary
Gulf Coast Oil and Gas Royalty Giveaway Repeal and Deficit Reduction Act - Amends the Gulf of Mexico Energy Security Act of 2006 to direct the Secretary of the Treasury to deposit: (1) 87.5% of qualified outer Continental Shelf (OCS) revenues into the general fund of the Treasury, and (2) 12.5 % of qualified OCS revenues in a special account in the Treasury to be disbursed 100% to provide financial assistance to states. Considers such funds...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Referred to the House Committee on Natural Resources.
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Referred to the Subcommittee on Energy and Mineral Resources.
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| July 27, 2011 |
Introduced in the House by Edward J. Markey (D-Mass.) |