|
National
Key Vote
Gulf of Mexico Energy Security Act of 2006
Project Vote Smart's Synopsis:
Vote to pass a bill that allows offshore oil and gas leasing in the 181 and 181 South areas within a year and plans to expand into the Eastern Planning, Central Planning and Western Planning areas at some future date.
Official Title of Legislation:
S 3711: A bill to enhance the energy independence and security of the United States by providing for exploration, development, and production activities for mineral resources in the Gulf of Mexico, and for other purposes.
Highlights:
-Permits anyone who has a prior lease in the regions where a moratorium on drilling until June 30, 2022 has been put in place to "exchange the lease for a bonus or royalty credit that may only be used in the Gulf of Mexico" (Sec. 4).
-Prevents any leasing, preleasing, or any related activity from occurring in the following areas until, at the earliest, June 30, 2022: any area east of the Military Mission Line in the Gulf of Mexico; any area in the Eastern Planning Area that is within 125 miles of the coastline of the State of Florida; and any area in the Central Planning Area that is within 100 miles of Florida's coastline or outside of the 181 area (Sec. 4).
-Requires 50 percent of the revenues from this project be deposited into the Federal Treasury and deposits the remaining 50 percent of the revenues into a special Treasury account, from which 75 percent will go to Gulf producing States (Alabama, Louisiana, Mississippi, and Texas), and 25 percent will go to the Land and Water Conservation Fund (Sec. 5).
Link to Legislation: http://thomas.loc.gov/cgi-bin/query/z?c109:s3711:
Senate Passage: 08/01/2006 : Bill Passed 71 - 25 (Record Vote Number 219)
Sponsor: Sen. Domenici, Pete (R-NM) (out of office)
Cosponsors: Sen. Alexander, Lamar (R-TN)
Sen. Cochran, Thad (R-MS)
Sen. Cornyn, John (R-TX)
Sen. Frist, William (R-TN) (out of office)
Sen. Hagel, Charles (R-NE) (out of office)
| Sen. Hutchison, Kay (R-TX)
Sen. Landrieu, Mary (D-LA)
Sen. Lott, Chester Sr. (R-MS) (out of office)
Sen. Martinez, Melquiades (R-FL) (out of office)
Sen. McConnell, Mitch (R-KY)
| Sen. Sessions, Jefferson III (R-AL)
Sen. Shelby, Richard (R-AL)
Sen. Talent, James (R-MO) (out of office)
Sen. Vitter, David (R-LA)
|
PVS provides summaries for each version of the bill selected as a key vote. The summary does not necessarily reflect the final version of the bill. For further status information, call the Voter's Research Hotline at 1-888-VOTE-SMART (1-888-868-3762).
|
Print
Share