COASTAL Act

Hozzl · 2022-11-01T13:50:12Z

Explore the details of Senate Bill 2418 COASTAL Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Public Lands and Natural Resources. Stay informed on legislative developments.

11/1/2022, 1:50 PM

Congressional Summary of S 2418

Conservation Of America's Shoreline Terrain and Aquatic Life Act or the COASTAL Act

This bill addresses the distribution of revenues collected from oil and gas leasing on the Gulf of Mexico Outer Continental Shelf (OCS) and the Alaska OCS.

Specifically, the bill

increases the revenue Gulf states (Alabama, Louisiana, Mississippi, and Texas) receive from certain federal oil and leases in the Gulf of Mexico and eliminates the revenue sharing cap;
exempts from sequestration payments of such revenue to Gulf states;
allocates revenue from energy development in the Alaska OCS to Alaska for specified purposes, including mitigation of damage to fish, wildlife, or natural resources; and
eliminates the 2% fee that the federal government currently deducts from a state's share to cover administrative or other costs.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill S 2418

Bill S 2418 is currently in the status of Bill Introduced since August 1, 2019. Bill S 2418 was introduced during Congress 116 and was introduced to the Senate on August 1, 2019. Bill S 2418's most recent activity was Placed on Senate Legislative Calendar under General Orders. Calendar No. 430. as of February 25, 2020

Bipartisan Support of Bill S 2418

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 2418

Primary Policy Focus

Public Lands and Natural Resources

Potential Impact Areas

- Air quality

- Alabama

- Alaska

- Climate change and greenhouse gases

- Education programs funding

- Energy efficiency and conservation

- Energy revenues and royalties

- Gulf of Mexico

- Higher education

- Land use and conservation

- Louisiana

- Marine and coastal resources, fisheries

- Mississippi

- Oil and gas

- State and local finance

- Texas

- User charges and fees

- Wildlife conservation and habitat protection

Alternate Title(s) of Bill S 2418

COASTAL Act

Conservation Of America’s Shoreline Terrain and Aquatic Life Act

COASTAL Act

Conservation Of America’s Shoreline Terrain and Aquatic Life Act

A bill to amend the Gulf of Mexico Energy Security Act of 2006 to modify a definition and the disposition and authorized uses of qualified outer Continental Shelf revenues under that Act and to exempt State and county payments under that Act from sequestration, to provide for the distribution of certain outer Continental Shelf revenues to the State of Alaska, and for other purposes.