Ocean and Coastal Resources Enhancement Act

Summary

Ocean and Coastal Resources Enhancement Act - Establishes the Ocean and Coastal Resources Enhancement Fund. Requires 33 percent of specified revenues attributable to Outer Continental Shelf leases within 200 miles of the coast line to be paid into the Fund. Directs the Secretary of Commerce to pay specified portions of revenues to coastal States and local governments, based on the share of revenues attributable to leases that lie seaward of the boundaries of such States and governments. Requires such States to first use such funds for administrative costs incurred in the leasing and permitting process, with remaining funds to be used for environmental and natural resource projects in the coastal zone. Establishes the Coastal Zone Impact Assistance Fund. Requires four and one-half percent of all revenues received pursuant to the Outer Continental Shelf Lands Act that are attributable to leases within 200 miles of the coast line to be paid into such Fund. Directs the Secretary to pay specified portions of revenues to coastal States and local governments, based on the number, location, and impact of energy facilities located within a State's coastal zone, or within or seaward of the boundaries of a local government, respectively. Requires such States to first use such funds for administrative costs incurred in the leasing and permitting process for energy facilities, with remaining funds to be used for environmental and natural resource projects in the coastal zone.

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Timeline

1. 14 January 1991

   Introduced

   Read twice and referred to the Committee on Commerce.

   Source: IntroReferral

2. 14 January 1991

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 19 June 1991

   Committee

   Subcommittee on National Ocean Policy Study. Hearings held. Hearings printed: S.Hrg. 102-342.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · — · Download file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 14 January 1991

  Open at official source

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Sponsors

• Sen. Stevens, Ted [R-AK] · R · Sponsor
• Sen. Murkowski, Frank H. [R-AK] · R · Sponsor
• · sscm00 · Standing

Related records

• related to → Outer Continental Shelf Revenue Sharing Act of 1991