A bill to amend the Gulf of Mexico Energy Security Act of 2006 to eliminate the cap on qualified outer Continental Shelf revenues that may be received by Gulf producing States under that Act, and for other purposes.
Offshore Cap Parity Act
This bill eliminates the cap on the revenue that states may receive from oil and gas drilling off their coasts in the Gulf of Mexico.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
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