Infrastructure Jobs and Energy Independence Act

HB 1663 Infrastructure Jobs and Energy Independence Act

US Congress 114th Congress

Infrastructure Jobs and Energy Independence Act
HB-1663


About HB-1663

Infrastructure Jobs and Energy Independence Act Deems the Draft Proposed Outer Continental Shelf Oil and Gas Leasing Program 2017-2022 (Program) issued by the Secretary of the Interior to be approved as a final oil and gas leasing program under the Outer Continental Shelf Lands Act, including the modifications to the Program as prescribed by this Act. Includes the following additional areas within the Program:

  • (1) the Chukchi Sea;
  • (2) the Beaufort Sea;
  • (3) Bristol Bay;
  • (4) previously leased areas off the coast of Virginia; and
  • (5) all other outer Continental Shelf planning areas estimated to contain over 5 billion barrels of oil, and more than 50 billion cubic feet of gas

Prohibits the President from excluding from oil and gas leasing any area included in the final oil and gas leasing program deemed approved under this Act. Deems the Secretary to have issued a final environmental impact statement for the Program under the National Environmental Policy Act of 1969. Directs the Secretary to:

  • (1) conduct a lease sale in each outer Continental Shelf (OCS) planning area for which there is a commercial interest in purchasing federal oil and gas production leases,
  • (2) prepare an inventory of U.S. offshore energy resources, and
  • (3) promulgate regulations governing the production of oil or gas resources of the OCS

Authorizes the Secretary conduct commercial lease sales of OCS resources to produce renewable energy and cultivate marine organisms in their natural habitats. Extends from three geographical miles to nine nautical miles the allowable seaward boundary of a coastal state. Repeals the moratorium on oil and gas leasing in:

  • (1) any area east of the Military Mission Line in the Gulf of Mexico,
  • (2) any area in the Eastern Planning Area that is within 125 miles of the Florida coastline, and
  • (3) specified areas within the Central Planning Area and within 100 miles of the Florida coastline

Requires the Secretary to issue a final leasing plan for the Eastern Gulf of Mexico for all areas where there exists commercial interest in purchasing federal oil and gas leases for production. Requires the Secretary of Energy to:

  • (1) publish a plan to exchange a specified amount of light grade petroleum from the Strategic Petroleum Reserve for heavy grade petroleum plus additional cash bonus bids that reflect the difference in market value between light grade and heavy grade petroleum and the timing of deliveries of heavy grade petroleum, and
  • (2) deposit 90% of the remaining net proceeds from the exchange into the Infrastructure Renewal Reserve

Amends the Alaska National Interest Lands Conservation Act to repeal the prohibition against leasing or other development leading to production of oil and gas from the Arctic National Wildlife Refuge.

  

Bill Texts

Introduced 04/04/2015

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History

Referred To The Subcommittee On Regulatory Reform, Commercial And Antitrust Law.

04/29/2015

Referred To The Subcommittee On Energy And Mineral Resources.

04/20/2015

Referred To The Subcommittee On Economic Development, Public Buildings And Emergency Management.

03/27/2015

Referred To The Subcommittee On Highways And Transit.

03/27/2015

Referred To The Subcommittee On Railroads, Pipelines, And Hazardous Materials.

03/27/2015

Referred To The Subcommittee On Water Resources And Environment.

03/27/2015

Referred To The Subcommittee On Energy And Power.

03/27/2015

Introduced In House

03/26/2015

Referred To The Committee On Natural Resources, And In Addition To The Committees On Energy And Commerce, The Judiciary, Rules, The Budget, And Transportation And Infrastructure, For A Period To Be Subsequently Determined By The Speaker, In Each Case For Consideration Of Such Provisions As Fall Within The Jurisdiction Of The Committee Concerned.

03/26/2015

Referred To House Natural Resources

03/26/2015

Referred To House Energy And Commerce

03/26/2015

Referred To House Judiciary

03/26/2015

Referred To House Rules

03/26/2015

Referred To House Budget

03/26/2015

Referred To House Transportation And Infrastructure

03/26/2015