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United States · Bill · S

S. 3127 (102nd)

Outer Continental Shelf Deep Water Production Incentives Act

openUnited States· United States Congress· EN

Introduced

4 August 1992

Last action

Status

Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 102-990.

Sponsors

Subjects

Discovery layer

Source updated

24 March 2026

Summary

Outer Continental Shelf Deep Water Production Incentives Act - Amends the Outer Continental Shelf Lands Act to preclude, except in specified circumstances, royalty payments from leases located in certain waters until the lessee has recovered out of proceeds from such leases the capital investment costs related to production.

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Documents

2 official files

Introduced in Senate (text)

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Sources

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