American Energy and Conservation Act of 2016

American Energy and Conservation Act of 2016

The bill amends the Gulf of Mexico Energy Security Act of 2006 to increase the revenue Gulf states (Texas, Louisiana, Mississippi, and Alabama) receive for energy projects by removing the $500 million cap for FY2027-FY2055.Beginning in FY2027, the bill increases the percentage of federal revenues that Alaska and the Atlantic states (Virginia, North Carolina, South Carolina, and Georgia) receive from offshore energy projects.

The bill amends the Mineral Leasing Act to eliminate the deduction from state revenues for administrative costs if the costs incurred by the federal government are less than a specified amount.

The Department of the Interior must establish priority areas on federal land for the development of renewable energy generation projects. Additionally, Interior must establish a program to improve federal permit coordination for renewable energy projects.

The bill also designates funds in the Treasury for the Tribal Resilience Program in Alaska to assist tribal nations adapt to the impact of climate change and for the National Park Service to address maintenance needs.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov