Responsible Use of Seafloor Resources Act of 2024

Hozzl · 2024-12-19T09:06:47Z

Explore the details of House Bill 7636 Responsible Use of Seafloor Resources Act of 2024 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.

12/19/2024, 9:06 AM

Summary of Bill HR 7636

Bill 118 hr 7636, also known as the Responsible Use of Seafloor Resources Act of 2024, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to regulate the extraction and use of resources from the seafloor in a responsible and sustainable manner.

The bill outlines a number of key provisions, including the establishment of a permitting system for companies seeking to extract resources from the seafloor. This system would require companies to demonstrate that their activities will not harm the marine environment or disrupt ecosystems.

Additionally, the bill calls for increased monitoring and enforcement measures to ensure compliance with these regulations. This includes the use of satellite technology and other monitoring tools to track the activities of companies operating on the seafloor. Furthermore, the bill includes provisions aimed at promoting research and development of new technologies for seafloor resource extraction. This includes funding for research projects and partnerships with academic institutions and private companies. Overall, the Responsible Use of Seafloor Resources Act of 2024 seeks to strike a balance between the economic benefits of seafloor resource extraction and the need to protect the marine environment. By establishing clear regulations and promoting responsible practices, the bill aims to ensure that these resources are utilized in a sustainable and environmentally friendly manner.

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Current Status of Bill HR 7636

Bill HR 7636 is currently in the status of Bill Introduced since March 12, 2024. Bill HR 7636 was introduced during Congress 118 and was introduced to the House on March 12, 2024. Bill HR 7636's most recent activity was Referred to the Subcommittee on Trade. as of December 17, 2024

Bipartisan Support of Bill HR 7636

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 7636

Primary Policy Focus

Public Lands and Natural Resources

Alternate Title(s) of Bill HR 7636

Responsible Use of Seafloor Resources Act of 2024Responsible Use of Seafloor Resources Act of 2024To support international governance of seafloor resource exploration and responsible polymetallic nodule collection by allied partners, strengthen domestic processing and refining capabilities, and for other purposes.

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