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S.2420 - Gulf Coast Protection Act of 2006

A bill to amend the Outer Continental Shelf Lands Act to provide for payments for producing coastal States. view all titles (2)

All Bill Titles

  • Short: Gulf Coast Protection Act of 2006 as introduced.
  • Official: A bill to amend the Outer Continental Shelf Lands Act to provide for payments for producing coastal States. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
03/15/06
 
 
 
 
 
 
 

Official Summary

Gulf Coast Protection Act of 2006 - Amends the Outer Continental Shelf Lands Act to instruct the Secretary of the Treasury to disburse to coastal producing states by December 31, 2006, without further appropriation, 50% of the qualified outer Continental Shelf revenues received during the p

Official Summary

Gulf Coast Protection Act of 2006 - Amends the Outer Continental Shelf Lands Act to instruct the Secretary of the Treasury to disburse to coastal producing states by December 31, 2006, without further appropriation, 50% of the qualified outer Continental Shelf revenues received during the preceding year. Prescribes proportional allocation requirements. Restricts the purposes for which the producing states and coastal political subdivisions may use such funds.

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