A bill to amend the Outer Continental Shelf Lands Act to provide for payments for producing coastal States.
Gulf Coast Protection Act of 2006 - Amends the Outer Continental Shelf Lands Act to instruct the Secretary of the Treasury to disburse to coastal producing states by December 31, 2006, without further appropriation, 50% of the qualified outer Continental Shelf revenues received during the preceding year.
Prescribes proportional allocation requirements.
Restricts the purposes for which the producing states and coastal political subdivisions may use such funds.
Read twice and referred to the Committee on Energy and Natural Resources.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line