Offshore Parity Act of 2024

Bill 118 hr 10183, also known as the "Outer Continental Shelf Lands Act and Magnuson-Stevens Fishery Conservation and Management Act Amendment Act," aims to delegate authority to the states of Louisiana, Mississippi, and Alabama to manage certain expanded submerged lands. This bill seeks to amend the Outer Continental Shelf Lands Act and the Magnuson-Stevens Fishery Conservation and Management Act to allow these states to have more control over the management of their underwater territories.

The purpose of this delegation of authority is to give these states more autonomy in managing their natural resources and to potentially increase economic opportunities for their residents. By allowing Louisiana, Mississippi, and Alabama to have a greater say in the management of their submerged lands, it is hoped that they will be better equipped to protect and utilize these resources in a sustainable manner.

Overall, the goal of Bill 118 hr 10183 is to empower these states to take a more active role in the management of their underwater territories, ultimately benefiting both the environment and the economy of the region.