RISEE Act of 2022
United States117th CongressS-2130Senate
Updated: Nov 17, 2022
Summary
Reinvesting In Shoreline Economies and Ecosystems Act of 2022 or the RISEE Act of 2022 This bill expands the amount of revenue generated from leases for energy development on federal land or submerged lands in the Outer Continental Shelf that is shared with certain states and coastal communities. For example, the bill dedicates a percentage of the revenue generated from offshore wind leases for coastal states. Currently, this revenue is deposited in the U.S. Treasury. In addition, the bill increases the amount of revenue generated from offshore oil and gas leases that is shared with states under the Gulf of Mexico Energy Security Act. States must use the funding from the revenue for specified purposes, such as coastal restoration, conservation, or infrastructure.
Bill texts
All available records shown.
Timeline
Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.
Senate
Committee on Energy and Natural Resources. Ordered to be reported with an amendment in the nature of a substitute favorably.
Senate
Placed on Senate Legislative Calendar under General Orders. Calendar No. 551.
Senate
Committee on Energy and Natural Resources. Reported by Senator Manchin with an amendment in the nature of a substitute. With written report No. 117-200.
Senate