Memorializes the U.S. Congress and the Louisiana congressional delegation to remove the revenue sharing cap on the Gulf of Mexico Energy Securities Act of 2006 for Gulf producing states and to take such actions as are necessary to rectify the federal revenue sharing inequities between energy producing states
Impact
The resolution indicates that the current cap on GOMESA revenues has significant implications for Louisiana, which is home to critical infrastructure supporting energy production and distribution. Louisiana’s coastal ecosystems play a vital role in energy security, as they house and protect the infrastructure necessary for accessing and transporting energy resources. The document underscores how vital the GOMESA revenue stream is for the state's Coastal Protection and Restoration Fund, which supports various initiatives aimed at hurricane protection, coastal conservation, and restoration in response to the state’s struggle against wetland loss.
Summary
HCR11 is a concurrent resolution that memorializes the United States Congress and the Louisiana congressional delegation to eliminate the revenue sharing cap imposed by the Gulf of Mexico Energy Security Act of 2006 (GOMESA) for Gulf producing states. The purpose of this resolution is to address the inequities in federal revenue sharing that affect states actively producing energy from the Gulf. Currently, revenues from oil and gas production in federal waters are capped at $375 million annually, which restricts the amount of funding available for states like Louisiana that contribute significantly to the energy supply of the entire nation.
Sentiment
The sentiment around HCR11 appears to be largely supportive among Louisiana legislators, reflecting a unifying concern for the state’s environmental and economic well-being. The resolution has drawn bipartisan support, with an understanding that rectifying federal revenue sharing inequities is necessary not only for economic reasons but also to sustain Louisiana’s coastal ecosystems that are essential for both local communities and national energy production. This collaborative push highlights the importance placed on Louisiana’s unique position as a leading state in oil and gas production.
Contention
While HCR11 presents a clear call to action, it potentially raises concerns about the balance of state and federal powers over energy resource management. There may be apprehensions from those who fear that removing caps on revenue sharing could lead to unchecked federal exploitation of natural resources without adequate environmental safeguards. Nevertheless, the resolution emphasizes the collaborative need for federal recognition of the specific challenges faced by Gulf producing states, particularly in context to funding for coastal restoration and protection efforts.
Memorializes Congress and the Louisiana Congressional Delegation to work towards a dependable and equitable revenue sharing for Louisiana mineral and gas production
Memorializes congress and the Louisiana Congressional Delegation to work towards a dependable and equitable revenue sharing for Louisiana mineral and gas production
Memorializes the U.S. Congress and the Louisiana Congressional delegation to work towards equitable revenue sharing for Louisiana mineral and gas production
Memorializes the U.S. Congress and the Louisiana Congressional delegation to work towards equitable revenue sharing for Louisiana mineral and gas production
Urging the president to abandon the budget proposal redirecting offshore drilling revenue due to Texas, Louisiana, Alabama, and Mississippi under the Gulf of Mexico Energy Security Act.
Gulf of Mexico Energy Security Act of 2006, intent that federal funds be expended only within Gulf Coast political subdivisions by the Dept. of Conservation and Natural Resources
Urges and requests Secretary of the Interior, Ken Salazar, to reconsider the directive that he issued which instituted six-month moratorium on oil and gas exploration in the Gulf of Mexico and to possibly alter that directive to minimize the negative economic impact of such directive on the already damaged economies of the state of Louisiana and the other oil and gas producing states along the Gulf of Mexico.
Requests that the Bd. of Regents and the State Bd. of Elementary and Secondary Education, with the Taylor Foundation, La. Office of Student Financial Assistance, public postsecondary education management boards, and certain others, study certain issues relative to TOPS
Requests the Louisiana Workforce Commission and the Louisiana Department of Veterans Affairs to study employment practices and professional licensing requirements to benefit veterans in the workforce
Creates a task force to study meaningful oversight of the professional healthcare licensing boards statutorily created within the Department of Health and Hospitals.