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H.R. 1551

BillFederalHouseIn Committee
Domestic Offshore Energy Reinvestment Act of 2005
About This Bill
Committee
Latest Action · April 19, 2005
Referred to the Subcommittee on Energy and Mineral Resources.
Congress
109th (2005–2007)
Introduced
April 12, 2005
Cosponsors (6)
2D 4R
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Summary

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Domestic Offshore Energy Reinvestment Act of 2005 - Amends the Outer Continental Shelf Lands Act to establish the Secure Energy Reinvestment Fund, consisting of outer Continental Shelf revenues attributable to royalties received by the United States in excess of prescribed amounts. Instructs the Secretary to pay to each coastal energy State (including its coastal political subdivision) certain amounts remaining in the Fund after payment for: (1) administrative expenses; and (2) the Coastal Restoration and Enhancement through Science and Technology program. Sets forth the uses of the Coastal Restoration and Enhancement through Science and Technology program.

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