RISEE Act of 2023

Summary

Reinvesting In Shoreline Economies and Ecosystems Act of 2023 or the RISEE Act of 2023 This bill increases revenue streams provided to states from offshore wind projects, offshore oil and gas leases, and onshore energy and mineral resources. States must use the revenue for specified purposes, such as coastal restoration, conservation, or infrastructure. Specifically, the bill requires revenues generated from offshore wind projects carried out under a lease entered into on or after January 1, 2022, to be deposited into accounts for the U.S. Treasury, the National Oceans and Coastal Security Fund, and adjacent coastal states. Currently, this revenue is deposited in the U.S. Treasury. The Department of the Interior must disburse the revenue to a state in an amount that is based on a formula that is inversely proportional to a state's distance from the offshore wind site. In addition, the bill removes the cap on the amount of revenue generated from offshore oil and gas leases that may be shared with states under the Gulf of Mexico Energy Security Act of 2006. It also eliminates a fee under the Mineral Leasing Act that Interior currently collects to administer the onshore revenue sharing program.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 9 February 2023

   Introduced

   Referred to the Committee on Natural Resources, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 9 February 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 9 February 2023

   Introduced

   Introduced in House

   Source: IntroReferral

4. 21 February 2023

   Referred

   Referred to the Subcommittee on Energy and Mineral Resources.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 9 February 2023 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 February 2023

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 9 February 2023

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 9 February 2023

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  Leesvertaling

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  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Fletcher, Lizzie [D-TX-7] · D · Sponsor
• Rep. Weber, Randy K. Sr. [R-TX-14] · R · Sponsor
• Rep. Davis, Donald G. [D-NC-1] · D · Sponsor
• Rep. Mace, Nancy [R-SC-1] · R · Sponsor
• Rep. Spanberger, Abigail Davis [D-VA-7] · D · Sponsor
• Rep. Eshoo, Anna G. [D-CA-18] · D · Sponsor
• Rep. Panetta, Jimmy [D-CA-19] · D · Cosponsor
• Rep. Nehls, Troy E. [R-TX-22] · R · Cosponsor
• Rep. Trone, David J. [D-MD-6] · D · Cosponsor
• Rep. Garcia, Sylvia R. [D-TX-29] · D · Cosponsor
• Rep. Morelle, Joseph D. [D-NY-25] · D · Cosponsor
• Rep. Scanlon, Mary Gay [D-PA-5] · D · Cosponsor
• Rep. Brownley, Julia [D-CA-26] · D · Cosponsor
• Rep. Lawler, Michael [R-NY-17] · R · Cosponsor
• Rep. Magaziner, Seth [D-RI-2] · D · Cosponsor
• Rep. Brown, Shontel M. [D-OH-11] · D · Cosponsor
• Colin Allred · D · Cosponsor
• Rep. Kiggans, Jennifer A. [R-VA-2] · R · Cosponsor
• Rep. Carter, Troy A. [D-LA-2] · D · Cosponsor
• Rep. Payne, Donald M., Jr. [D-NJ-10] · D · Cosponsor
• Rep. Sherrill, Mikie [D-NJ-11] · D · Cosponsor
• Rep. Garamendi, John [D-CA-8] · D · Cosponsor
• Rep. Himes, James A. [D-CT-4] · D · Cosponsor
• Rep. Thompson, Mike [D-CA-4] · D · Cosponsor
• Rep. Connolly, Gerald E. [D-VA-11] · D · Cosponsor
• Rep. Molinaro, Marcus J. [R-NY-19] · R · Cosponsor
• Rep. Lieu, Ted [D-CA-36] · D · Cosponsor
• Rep. Ryan, Patrick [D-NY-18] · D · Cosponsor
• Rep. Nadler, Jerrold [D-NY-12] · D · Cosponsor
• Rep. Scholten, Hillary J. [D-MI-3] · D · Cosponsor
• Rep. Meeks, Gregory W. [D-NY-5] · D · Cosponsor
• Rep. Hoyer, Steny H. [D-MD-5] · D · Cosponsor
• Rep. LaLota, Nick [R-NY-1] · R · Cosponsor
• Rep. Vasquez, Gabe [D-NM-2] · D · Cosponsor
• Rep. Fitzpatrick, Brian K. [R-PA-1] · R · Cosponsor
• Rep. Gottheimer, Josh [D-NJ-5] · D · Cosponsor
• Rep. Norcross, Donald [D-NJ-1] · D · Cosponsor
• Rep. Matsui, Doris O. [D-CA-7] · D · Cosponsor
• Rep. Wilson, Joe [R-SC-2] · R · Cosponsor
• Rep. Mullin, Kevin [D-CA-15] · D · Cosponsor
• Rep. Carbajal, Salud O. [D-CA-24] · D · Cosponsor
• Sen. Kim, Andy [D-NJ] · D · Cosponsor
• Rep. Garcia, Robert [D-CA-42] · D · Cosponsor
• Rep. Amo, Gabe [D-RI-1] · D · Cosponsor
• Rep. Goldman, Daniel S. [D-NY-10] · D · Cosponsor
• Rep. Suozzi, Thomas R. [D-NY-3] · D · Cosponsor
• Rep. Pallone, Frank [D-NJ-6] · D · Cosponsor
• Rep. Garbarino, Andrew R. [R-NY-2] · R · Cosponsor

Showing 48 of 50 sponsors and actors.

Related records

• related to → RISEE Act of 2023
• related to ← RISEE Act of 2022