Open America's Waters Act

3/11/2024, 4:40 PM

Summary of Bill S 3662

The Open America's Waters Act, also known as Bill 118 s 3662, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to promote the responsible development of offshore energy resources in order to increase domestic energy production and create jobs.

The bill would require the Secretary of the Interior to develop a five-year leasing program for offshore oil and gas exploration and production. This program would prioritize areas with the highest potential for energy resources while also taking into account environmental and economic factors.

Additionally, the bill would streamline the permitting process for offshore energy projects in order to reduce regulatory burdens and encourage investment in domestic energy production. It would also establish revenue sharing agreements between the federal government and coastal states to ensure that local communities benefit from offshore energy development. Overall, the Open America's Waters Act aims to increase domestic energy production, create jobs, and boost economic growth while also ensuring that environmental protections are in place. It is currently being debated in Congress and may undergo changes before being voted on.

Current Status of Bill S 3662

Bill S 3662 is currently in the status of Bill Introduced since January 25, 2024. Bill S 3662 was introduced during Congress 118 and was introduced to the Senate on January 25, 2024.  Bill S 3662's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. as of January 25, 2024

Bipartisan Support of Bill S 3662

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3662

Primary Policy Focus

Transportation and Public Works

Alternate Title(s) of Bill S 3662

Open America's Waters ActOpen America's Waters ActA bill to repeal the Jones Act restrictions on coastwise trade, and for other purposes.A bill to repeal the Jones Act restrictions on coastwise trade, and for other purposes.
Start holding our government accountable!

Comments