That revenue is just a bid among federal programs and shared with the state, local and tribal governments. Finally, we will hear testimony on two measures that would boost revenue sharing from onshore renewable as well as offshore development. Both bills under consideration or sponsored by members of this committee. Senator cassidy has introduced s2418 which is the coastal act and senator mick sally has introduced f2 666 which is a public lands are knowable Energy Development act. As a cosponsor of the coastal act i want to thank senator cassidy for introducing legislation that would bring revenue sharing for coastal producing states into parity with onshore developments. Progress laid the foundation through the passage of the gulf of Mexico Energy security act back in 2006. At that time the bill did not include alaska. The coastal act we are considering now what establish a Revenue Sharing Program that would include alaska. At the current time our offshore production is pretty minimal
We are here this morning for three closely related purposes and first we will examine federal revenues generated from Energy Development on our federal lands, indian lands and federal offshore areas. Secondly, we will explore how that revenue is just a bid among federal programs and shared with the state, local and tribal governments. Finally, we will hear testimony on two measures that would boost revenue sharing from onshore renewable as well as offshore development. Both bills under consideration or sponsored by members of this committee. Senator cassidy has introduced s2418 which is the coastal act and senator mick sally has introduced f2 666 which is a public lands are knowable Energy Development act. As a cosponsor of the coastal act i want to thank senator cassidy for introducing legislation that would bring revenue sharing for coastal producing states into parity with onshore developments. Progress laid the foundation through the passage of the gulf of Mexico Energy security ac
It as the potential to support more than 55,000 jobs in our state and contribute more than 53 billion in revenue. I urge my colleagues to support this amendment and at this time i would yield to the chairman. Mr. Calvert im not going to oppose your amendment. I certainly appreciate what youre trying to accomplish and generally agree that this administration has placed way too many restrictions on drilling both on shore and offshore. These restrictions have delayed the permitting process slowed Economic Growth in your state and many other states around the union, various groups have used that to their advantage, so i agree that more certainly certainty is needed in the leasing and permitting process. What im afraid of is that this might lead to a precedent for preempting the department of interiors Decision Making authority under any president and may lead to other amendments and kind of opening pandoras box of members doing specific amendments that are off their particular states. But
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Nearly 70,000 acres in Oneida, Forest, and Langlade Counties are under conservation easements to be protected in perpetuity.The Pelican River Forest is praised by conservationists for protecting increasingly rare contiguous forestland in the state.