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OFFSHORE Act of 2020

9/4/2022, 9:59 AM

Congressional Summary of S 3485

Opening Federal Financial Sharing to Heighten Opportunities for Renewable Energy Act of 2020 or the OFFSHORE Act of 2020

This bill expands revenue sharing for offshore wind projects on the Outer Continental Shelf, including for fees, rentals, bonuses and royalties.

Current Status of Bill S 3485

Bill S 3485 is currently in the status of Bill Introduced since March 12, 2020. Bill S 3485 was introduced during Congress 116 and was introduced to the Senate on March 12, 2020.  Bill S 3485's most recent activity was Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held. With printed Hearing: S.Hrg. 116-380. as of September 16, 2020

Bipartisan Support of Bill S 3485

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
19
Democrat Cosponsors
16
Republican Cosponsors
2
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 3485

Primary Policy Focus

Energy

Potential Impact Areas

- Alternative and renewable resources
- Electric power generation and transmission
- Energy revenues and royalties
- Government information and archives
- Infrastructure development
- Marine and coastal resources, fisheries
- Oil and gas
- State and local finance
- Wildlife conservation and habitat protection

Alternate Title(s) of Bill S 3485

OFFSHORE Act of 2020
OFFSHORE Act of 2020
Opening Federal Financial Sharing to Heighten Opportunities for Renewable Energy Act of 2020
A bill to expand the Outer Continental Shelf Lands Act to expand revenue sharing for offshore wind, to reauthorize the National Oceans and Coastal Security Act, and for other purposes.

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