In his speech he outlined his goals for louisiana including more investments in education, raising teacher pay and the minimum wage. [applause] gov. Bel edwards what a glorious day, i am privileged to be here for this second term to swear in what a glorious day, i am privileged to be here for the second term is where in this governor. Laws,t i will support the constitution of the United States. Gov. Bel edwards but i will support the laws of the constitution of the United States. And the constitution and laws of the state of louisiana. Gov. Bel edwards in the constitution and laws of the state of you louisiana of louisiana. But i will faithfully and impartially discharge and perform all the duties income it upon mes. Gov. Bel edwards all the duties incumbent upon me. As governor of the great state of louisiana. Gov. Bel edwards as governor of the great state of louisiana. According to the best ability and understanding gov. Bel edwards according to the best ability and understanding. S
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
Offshore areas. Secondly, we will explore how that is distributed and shared with state, local, and tribal governments. Then we will hear testimonies that will both revenue sharing from onshore renewable and onshore developments. Both bills under consideration are sponsored by members of this committee. Senator cassidy, introducing in s14 the coastal act, and senator mcsally, introducing the energy reproducing act. Thank you for introducing legislation that would bring revenuesharing for coastal producing states into parity with onshore development. Congress lay the foundation for offshore revenuesharing through the passage of the gulf of Mexico Energy security act in 2006. At that time the bill did not include alaska. The coastal act that we are considering now would establish a revenuesharing program that would include alaska and, at the current time, our offshore production is pretty minimal and therefore any returns to the state are equally minimal. It is important to address this
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
Federal lands, indian lands, good morning, everyone. The committee will come to order. First, we will examine federal revenues generated from Energy Development on federal lands, indian lands, and federal offshore areas. Secondly, we will explore how that is distributed and shared with state, local, and tribal governments. Then we will hear from onshore renewable and onshore developments. Both bills under consideration are sponsored by members of this committee. Senator cassidy, introducing in 2018 the coastal act, and senator mcsally, introducing the energy reproducing act. Thank you for introducing legislation that would bring revenuesharing for coastal producing states into parity with onshore development. Congress lay the foundation for offshore revenuesharing through the passage of the gulf of Mexico Energy securing act in 2006. At that time the bill did not include alaska. The coastal act that we are considering now would establish a revenuesharing program that would include alas