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S. 2996IntroducedENERGY

Alaska Offshore Parity Act

Alaska · Energy revenues and royalties · Mining
Sponsor
Sen. Murkowski, Lisa [R-AK]
R · AK
Key facts
Introduced: Oct 19, 2021
Chamber: Senate
Cosponsors: 1
Congress: 117th
Latest action · Nov 17, 2022
Placed on Senate Legislative Calendar under General Orders. Calendar No. 552.

Summary

Alaska Offshore Parity Act

This bill requires the Department of the Treasury to share more revenues derived from energy and mineral development in the Alaska Outer Continental Shelf (OCS) region with Alaska and its coastal political subdivisions. Currently, only revenue generated by certain nearshore areas of the OCS is shared with Alaska. Alaska may use the funding from such revenue for coastal protection, coastal infrastructure, systems to reduce energy costs and greenhouse gas emissions, programs at institutions of higher education, and other related purposes.

Summary by Congressional Research Service.

Timeline

  1. Nov 17, 2022
    Placed on Senate Legislative Calendar under General Orders. Calendar No. 552.
  2. Nov 17, 2022
    Committee on Energy and Natural Resources. Reported by Senator Manchin with amendments. With written report No. 117-201.
  3. Nov 17, 2022
    Committee on Energy and Natural Resources. Reported by Senator Manchin with amendments. With written report No. 117-201.
  4. Jul 21, 2022
    Committee on Energy and Natural Resources. Ordered to be reported with amendments favorably.
  5. Jun 7, 2022
    Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held. With printed Hearing: S.Hrg. 117-301.
  6. Oct 19, 2021
    Read twice and referred to the Committee on Energy and Natural Resources.
  7. Oct 19, 2021
    Introduced in Senate

Cosponsors

In the News

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