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H.R. 6529, The Maximize Offshore Resource Exploration Act of 2008
- This item is from the 110th Congress (2007-2008) and is no longer current.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.
Version saved on October 8, 2008, 19:32:30, by webmaster:
H.R. 6529 would greatly enhance the Nation's environmental, energy, economic, and national security by terminating long-standing Federal prohibitions on the domestic production of abundant offshore supplies of oil and natural gas.
Detailed Summary
Maximize Offshore Resource Exploration Act of 2008, or the MORE Act of 2008 - Declares without force or effect all federal prohibitions against the expenditure of appropriated funds to conduct natural gas leasing and preleasing activities for any area of the Outer Continental Shelf (OCS).
Revokes all withdrawals of federal submerged lands from leasing for oil and natural gas exploration and production.
Amends the Outer Continental Shelf Lands Act to prohibit the Secretary of the Interior from granting an oil or natural gas lease for any OCS located within 25 miles of a state coastline unless the state has enacted a law approving the issuance of such leases by the Sectretary.
Sets forth an allocation schedule for a 75% state share of revenues derived from U.S. royalties under qualified oil and gas leases on submerged lands located within the seaward boundaries of a state.
Extends the jurisdiction of state civil and criminal law, as appropriate, to the Alaska, Pacific, Gulf of Mexico, and Atlantic OCS Region State Adjacent Zones and OCS Planning Areas.<br>
Status of the Legislation
Latest Major Action: 7/22/2008: Referred to House subcommittee. Status: Referred to the Subcommittee on Energy and Mineral Resources.
Points in Favor
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Points Against
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From the Blog
Environmental, Energy, Economic, and National Security . . . and a Pony
We’re back on energy issues, with the introduction of a bill to solve every last problem with one fell swoop. And we’ll all get a pony. According to its statement of intent, H.R. 6529 would “greatly enhance the Nation’s environ...