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HR 1372 112th Congress House Energy Energy revenues and royalties Government trust funds Intergovernmental relations Land use and conservation Marine and coastal resources, fisheries Marine pollution Oil and gas State and local finance Virginia

VA Energy Act

Introduced: April 5, 2011 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 7, 2011
Referred to the Subcommittee on Energy and Mineral Resources.
Apr 5, 2011
Referred to the House Committee on Natural Resources.
Apr 5, 2011
Sponsor introductory remarks on measure. (CR E641-642)
Apr 5, 2011
Introduced in House
 Plain-English summary Congressional Research Service

Virginia Access to Energy Act or VA Energy Act - Directs the Secretary of the Interior to conduct offshore oil and gas Lease Sale 220 on the Outer Continental Shelf (OCS) not later than one year after enactment of this Act.

Prohibits the Secretary from making any lease tract available if the President determines that it would create an unreasonable conflict with military operations.

Directs the Secretary of the Treasury to deposit 50% of qualified revenues from such lease sales into the general fund of the Treasury to reduce the outstanding federal debt and 50% in a special account for specified payments to the state of Virginia.

What's happening now April 7, 2011

Referred to the Subcommittee on Energy and Mineral Resources.

 Committees of jurisdiction 2