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H.R. 6421, The Energy Independence Act

  • This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Comparing revision saved on July 12, 2008, 19:30:28 (webmaster), with revision saved on September 23, 2008, 19:32:31 (webmaster):

H.R. 6421 would direct the Secretary of the Interior to establish and implement a competitive oil and gas leasing program for the Coastal Plain of Alaska, to provide for expanded leasing of the oil and gas resources of the outer Continental Shelf for exploration, to eliminate certain impediments to the development of nuclear energy sources, to promote coal-to-liquid fuel activities.

== Detailed Summary ==

<summary>
(LogEnergy Independence Act - American Energy Independence and Price Reduction Act - Sets forth an oil and gas leasing program for lands within the Coastal Plain of Alaska.

Establishes the Coastal Plain Local Government Impact Aid Assistance Fund, to provide financial assistance to entities directly impacted by oil and gas exploration and development, and the ANWR Alternative Energy Trust Fund.

Deep Ocean Energy Resources Act of 2008 - Amends the Outer Continental Shelf Lands Act (OCSLA) regarding: (1) Adjacent Zones and Planning Areas
in the outer Continental Shelf (OCS) subsoil and seabed; (2) oil and gas lease administration; and (3) lease grants.









Federal Energy Natural Resources Enhancement Act of 2008- Establishes the Federal Energy Natural Resources Enhancement Program.







Redesignates the Minerals Management Service as the National Ocean Resources and Royalty Service.

Rigs
to editReefs Act of 2008- Amends the wikiOCSLA to prescribe requirements for the use of decommissioned offshore oil and begas platforms for artificial reefs.



Prescribes conditions for authorizing leases for areas located within 100 miles of California or Florida.

Repeals
the firstcoastal impact assistance program under OCSLA.

Amends the Energy Policy Act of 2005
to providemodify terms and conditions governing: (1) federal authority to enter into contracts with sponsors of certain advanced nuclear facilities; and (2) the Nuclear Power 2010 Program.

Establishes the Interagency Working Group to promote increasing domestic manufacturing capacity and export of domestic nuclear energy products and services.

Amends the Internal Revenue Code to establish: (1)
a detailed summarynuclear power manufacturing and facility construction credit; (2) a qualifying coal-to-liquid fuels project credit; (4) an election to expense certain coal-to-liquid fuels facilities; and (5) an extension of the bill!)alternative fuel credit for fuel derived from coal through the Fischer-Tropsch process or the Schobert process.

Amends the Energy Policy Act of 2005 to direct the Secretary of Labor to promulgate regulations for a workforce training program for workers skilled in the nuclear utility and nuclear energy products and services.

Amends the Atomic Energy Act to modify licensing procedures for new nuclear power plants.

Instructs the Secretary of Energy to establish a National Nuclear Energy Council.

Prescribes procedures for: (1) such Secretary to initiate and implement temporary nuclear fuel storage agreements; and (2) expedited congressional review of temporary spent nuclear fuel storage agreements.

Amends the Nuclear Waste Policy Act of 1982 to revise contracting procedures for certain civilian nuclear power reactors.

</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 7/10/2008:7/14/2008: Referred to House subcommittee. Status: Referred to the Subcommittee on Energy and Mineral Resources.Environment.
</status>

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== Points in Favor ==

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== Points Against ==

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