RISEE Act of 2022
Summary
Reinvesting In Shoreline Economies and Ecosystems Act of 2022 or the RISEE Act of 2022
This bill expands the amount of revenue generated from leases for energy development on federal land or submerged lands in the Outer Continental Shelf that is shared with certain states and coastal communities. For example, the bill dedicates a percentage of the revenue generated from offshore wind leases for coastal states. Currently, this revenue is deposited in the U.S. Treasury. In addition, the bill increases the amount of revenue generated from offshore oil and gas leases that is shared with states under the Gulf of Mexico Energy Security Act.
States must use the funding from the revenue for specified purposes, such as coastal restoration, conservation, or infrastructure.
Timeline
- Nov 17, 2022Placed on Senate Legislative Calendar under General Orders. Calendar No. 551.
- Nov 17, 2022Committee on Energy and Natural Resources. Reported by Senator Manchin with an amendment in the nature of a substitute. With written report No. 117-200.
- Nov 17, 2022Committee on Energy and Natural Resources. Reported by Senator Manchin with an amendment in the nature of a substitute. With written report No. 117-200.
- Jul 21, 2022Committee on Energy and Natural Resources. Ordered to be reported with an amendment in the nature of a substitute favorably.
- Oct 19, 2021Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held. With printed Hearing: S.Hrg. 117-453.
- Jun 17, 2021Read twice and referred to the Committee on Energy and Natural Resources.
- Jun 17, 2021Introduced in Senate
Cosponsors
- Sen. Cassidy, Bill [R-LA] R-LA
- Sen. Coons, Christopher A. [D-DE] D-DE
- Sen. Hyde-Smith, Cindy [R-MS] R-MS
- Sen. Kaine, Tim [D-VA] D-VA
- Sen. King, Angus S., Jr. [I-ME] I-ME
- Sen. Schatz, Brian [D-HI] D-HI
- Sen. Shaheen, Jeanne [D-NH] D-NH
- Sen. Van Hollen, Chris [D-MD] D-MD
- Sen. Wicker, Roger F. [R-MS] R-MS
- Sen. Heinrich, Martin [D-NM] D-NM
- Sen. Blumenthal, Richard [D-CT] D-CT
- Sen. Kennedy, John [R-LA] R-LA
- Sen. Gillibrand, Kirsten E. [D-NY] D-NY
- Sen. Hickenlooper, John W. [D-CO] D-CO
- Sen. Feinstein, Dianne [D-CA] D-CA
- Sen. Collins, Susan M. [R-ME] R-ME
- Sen. Warner, Mark R. [D-VA] D-VA
- Sen. Cardin, Benjamin L. [D-MD] D-MD
- Sen. Murphy, Christopher [D-CT] D-CT
- Sen. Daines, Steve [R-MT] R-MT
- Sen. Padilla, Alex [D-CA] D-CA
- Sen. Scott, Tim [R-SC] R-SC
- Sen. Graham, Lindsey [R-SC] R-SC
In the News
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