118th Congress Energy
S. 373: RISEE Act of 2023
Reported
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill increases revenue streams provided to states from offshore wind projects, offshore oil and gas leases, and onshore energy and mineral resources. States must use the revenue for specified purposes, such as coastal restoration, conservation, or infrastructure.
Specifically, the bill requires revenues generated from offshore wind projects carried out under a lease entered into on or after January 1, 2022, to be deposited into accounts for the U.S. Treasury, the National Oceans and Coastal Security Fund, and adjacent coastal states. Currently, this revenue is deposited in the U.S. Treasury. The Department of the Interior must disburse the revenue to a state in an amount that is based on a formula that is inversely proportional to a state's distance from the offshore wind site.
In addition, the bill removes the cap on the amount of revenue generated from offshore oil and gas leases that may be shared with states under the Gulf of Mexico Energy Security Act of 2006.
Read the full summary
It also eliminates a fee under the Mineral Leasing Act that Interior currently collects to administer the onshore revenue sharing program.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Richard Blumenthal D-CTOriginal
- Benjamin Cardin D-MDOriginal
- Susan Collins R-MEOriginal
- Bill Cassidy R-LAOriginal
- Christopher Coons D-DEOriginal
- Steve Daines R-MTOriginal
- Dianne Feinstein D-CAOriginal
- Lindsey Graham R-SCOriginal
- Kirsten Gillibrand D-NYOriginal
- John Hickenlooper D-COOriginal
- Martin Heinrich D-NMOriginal
- Angus King I-MEOriginal
- Timothy Kaine D-VAOriginal
- John Kennedy R-LAOriginal
- Christopher Murphy D-CTOriginal
- Alejandro Padilla D-CAOriginal
- Debbie Stabenow D-MIOriginal
- Jeanne Shaheen D-NHOriginal
- Brian Schatz D-HIOriginal
- Chris Van Hollen D-MDOriginal
- Mark Warner D-VAOriginal
- Tim Scott R-SC
- Gary Peters D-MI
- Peter Welch D-VT
- Laphonza Butler D-CA
- George Helmy D-NJ
Who scored on this bill
- 1Sheldon Whitehouse SponsorDrew cross-party cosponsors, introduced, reached a cosponsor milestone, reported4 events+32
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Sheldon Whitehouse
- S.J.Res. 187: Disapproval of Environmental Protection Agency rule: Modification to the Start of the Submission Period for Perfluoroalkyl and Polyfluoroalkyl Substances (PFAS) Reporting and Recordkeeping Under TSCA 8(a)(7)
- S. 567: First Rhode Island Regiment Congressional Gold Medal Act
- S.J.Res. 188: Disapproval of Environmental Protection Agency rule: National Emission Standards for Hazardous Air Pollutants: Coal- and Oil-Fired Electric Utility Steam Generating Units: Final Repeal
- S.J.Res. 155: Disapproval of Bureau of Consumer Financial Protection rule: Fair Credit Reporting Act; Preemption of State Laws
- S.J.Res. 86: Disapproval of Environmental Protection Agency rule: Air Plan Approval; South Dakota; Regional Haze Plan for the Second Implementation Period
- S. 2918: REPO Implementation Act of 2025
History
- Introduced in the Senate by Sheldon Whitehouse.
Show the full action history (5 actions)
- Committee on Energy and Natural Resources. Reported by Senator Manchin without amendment. Without written report.
- Placed on Senate Legislative Calendar under General Orders. Calendar No. 576.
- Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably.
- Introduced in Senate
- Read twice and referred to the Committee on Energy and Natural Resources.