A resolution expressing the sense of the House of Representatives with respect to the United Nations Conference on the Law of the Sea and urging the establishment of a Common Heritage Fund.

Expresses the sense of the House of Representatives that (1) the United States should continue to work for a law of the sea treaty; (2) such treaty should assure certain traditional freedoms of the sea and also provide protection for the marine environment; (3) an international authority should be created to regulate the exploitation of deep ocean minerals; and (4) a Common Heritage Fund to help developing nations fight pollution should be established from such ocean mineral revenues.