Deficit Reduction, Job Creation, and Energy Security Act
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HR 70 — Deficit Reduction, Job Creation, and Energy Security Act
Last action — Referred to the Subcommittee on Indian, Insular and Alaska Native Affairs.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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Died in session
This bill died with 114th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Deficit Reduction, Job Creation, and Energy Security Act This bill requires the Department of the Interior to conduct oil and gas lease sales under the Outer Continental Shelf Lands Act. The Deficit Reduction Acreage leased in those sales is in addition to the acreage proposed to be leased under the Proposed Outer Continental Shelf Oil and Gas Leasing Program for 2012-2017. This bill establishes the Deficit Reduction Energy Security Fund with sums from the Deficit Reduction Acreage lease sales for 15 years. The sums are to be transferred to the general fund and used solely to reduce the federal deficit. The interest earned on those sums will be transferred to the Coastal and Ocean Sustainability and Health Fund (COSH Fund), established under this Act. The National Oceanic and Atmospheric Administration administers the COSH Fund for: (1) the Coastal and Ocean Disaster Grant Program for restoring, mitigating, monitoring, or otherwise managing coastal and ocean natural resources impacted by coastal or ocean disasters; and (2) the National Grant Program for Coastal and Ocean Sustainability and Health for restoring, protecting, maintaining, managing, or understanding marine resources and their habitats and resources in coastal and ocean water. This bill amends the Outer Continental Shelf Lands Act to authorize Interior to reinstate expired producible leases in the offshore Gulf or Mexico upon the petition of a prior leaseholder if such reinstatement furthers the purposes and objectives of that Act. Interior must establish an Office of Energy Employment and Training to oversee the Interior's efforts to carry out this Act, and an Office of Minority and Women Inclusion. Further, Interior must take affirmative steps to seek diversity in all of its business and activities.
Bill Text
We don't have the full text on file for this bill yet.
Read HR 70 on the official United States source →Action History
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Referred to the Subcommittee on Indian, Insular and Alaska Native Affairs.
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Referred to the Subcommittee on Energy and Mineral Resources.
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Referred to the Subcommittee on Water, Power and Oceans.
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Referred to the Subcommittee on Environment.
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Referred to the Subcommittee on Water Resources and Environment.
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Referred to House Transportation and Infrastructure
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Referred to House Science, Space, and Technology
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Referred to House Natural Resources
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Referred to the Committee on Natural Resources, and in addition to the Committees on Science, Space, and Technology, 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.
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Introduced in House
Sponsors
- Sheila Jackson-Lee · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 70 do?
- Deficit Reduction, Job Creation, and Energy Security Act This bill requires the Department of the Interior to conduct oil and gas lease sales under the Outer Continental Shelf Lands Act. The Deficit Reduction Acreage leased in those sales is in addition to the acreage proposed to be leased under the Proposed Outer Continental Shelf Oil and Gas Leasing Program for 2012-2017. This bill establishes the Deficit Reduction Energy Security Fund with sums from the Deficit Reduction Acreage lease sales for 15 years. The sums are to be transferred to the general fund and used solely to reduce the federal deficit. The interest earned on those sums will be transferred to the Coastal and Ocean Sustainability and Health Fund (COSH Fund), established under this Act. The National Oceanic and Atmospheric Administration administers the COSH Fund for: (1) the Coastal and Ocean Disaster Grant Program for restoring, mitigating, monitoring, or otherwise managing coastal and ocean natural resources impacted by coastal or ocean disasters; and (2) the National Grant Program for Coastal and Ocean Sustainability and Health for restoring, protecting, maintaining, managing, or understanding marine resources and their habitats and resources in coastal and ocean water. This bill amends the Outer Continental Shelf Lands Act to authorize Interior to reinstate expired producible leases in the offshore Gulf or Mexico upon the petition of a prior leaseholder if such reinstatement furthers the purposes and objectives of that Act. Interior must establish an Office of Energy Employment and Training to oversee the Interior's efforts to carry out this Act, and an Office of Minority and Women Inclusion. Further, Interior must take affirmative steps to seek diversity in all of its business and activities.
- Who sponsors HR 70?
- HR 70 is sponsored by Sheila Jackson-Lee (D).
- What is the current status of HR 70?
- This bill died with 114th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 70?
- Track HR 70 free on One Click Politics — get push/email alerts when it moves.
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