Speech #930278544

For example. some have suggested that OCS revenues be reserved for the environmental impacts caused by the accelerated leasing program recently announced by the administration. Others have recommended that OCS revenues be shared with adjacent coastal States which are most seriously and directly affected by OCS development. In addition. my Subcommittee on Immigration. Citizenship. and International Law has pending before it H.R. 9132. which would share a portion of OCS revenues with adjacent coastal States while the remaining revenues would be placed into a Marine Resources Conservation and Development Fund. This bill has been introduced by the distinguished majority leader and has been cosponsored by 32 other Members of Congress.