FY2022 GOMESA Disbursement Press Release - Office of …

Today’s action represents the second- largest disbursement since Interior first began disbursing GOMESA revenues to states and their CPS in 2009. Since GOMESA’s passage, the Interior . …

CouponFollow Extension

$353
OFF

Interior Disburses Over $353 Million To Gulf States To Support …

1 week from now

Mar 30, 2023 · GOMESA funds are derived from qualified oil and gas leasing revenues on the Outer Continental Shelf and disbursed in accordance with the revenue-sharing provisions of …

doi.gov

$353
OFF

Interior Disburses Over $353 Million To Gulf States To Support …

1 week from now

Mar 30, 2023 · Today’s action represents the largest disbursement since the Department began disbursing GOMESA revenues to states and their CPS in 2009, reflecting increased …

govdelivery.com

$353
OFF

$353M Energy Revenues Disbursed To Gulf States | US Harbors

1 week from now

Apr 16, 2023 · Largest disbursement since GOMESA passed in 2006. ... During fiscal year 2022, the Office of Natural Resources Revenue (ONRR) disbursed more than $125 million to the …

usharbors.com

$35
OFF

Carl Announces $35 Million In GOMESA Revenues For Alabama

1 week from now

Jul 15, 2022 · Carl Announces $35 Million in GOMESA Revenues for Alabama . Washington, D.C. – Today, U.S. Representative Jerry Carl (R-AL) issued the following statement regarding the …

house.gov

$353
OFF

Interior Department Disburses More Than $353 Million To Gulf …

1 week from now

Mar 29, 2024 · With this year’s disbursement, the Department has now distributed more than $2 billion to the states and their CPS since GOMESA funds were first shared in 2009. ...

doi.gov

$51
OFF

State Of Mississippi, 3 Gulf Coast Counties Receive $51.8M In …

1 week from now

Apr 6, 2023 · The funding represents Mississippi’s share of revenues generated through the Gulf of Mexico Energy Security Act (GOMESA), with the Magnolia State expected to receive …

senate.gov

$375
OFF

Fiscal Year 2024 GOMESA Disbursements - Office Of Natural …

1 week from now

GOMESA disbursements for the four Gulf-producing states and their CPS are subject to a revenue-sharing cap of $375 million annually and the sequestration requirements in 2 U.S.C. …

onrr.gov

$353
OFF

Interior Disburses $353 Million In GOMESA Revenues For Gulf State ...

1 week from now

Mar 30, 2020 · WASHINGTON – Today, U.S. Department of the Interior Secretary David Bernhardt announced that the Department disbursed almost $353 million in FY 2019 energy …

doi.gov

$650
OFF

Gulf Of Mexico Energy Security Act (GOMESA)

1 week from now

The Tax Cuts and Jobs Act, passed in 2017, increased the cap to $650 million in FY20 and FY21. The sharing cap does not apply to qualified revenues generated in those areas associated …

boem.gov

$375
OFF

Fiscal Year 2023 Gomesa 3-30-2023 - Office Of Natural …

1 week from now

GOMESA disbursements for the four Gulf-producing states and their CPS are subject to a revenue-sharing cap of $375 million annually and the sequestration requirements in 2 U.S.C. …

onrr.gov

$252
OFF

Interior Department Disburses Over $252 Million To Gulf States ...

1 week from now

Date: Friday, April 29, 2022 Contact: [email protected] WASHINGTON — The Department of the Interior’s Office of Natural Resources Revenue today announced …

doi.gov

$249
OFF

Interior Disburses Nearly $249 Million To Gulf States For Coastal ...

1 week from now

Date: Tuesday, March 30, 2021 Contact: [email protected] WASHINGTON – The U.S. Department of the Interior today announced nearly $249 million in Fiscal Year 2020 energy …

doi.gov

FAQs about FY2022 GOMESA Disbursement Press Release - Office of … Coupon?

How does the Office of Natural Resources Revenue disburse Gomesa revenue?

The Office of Natural Resources Revenue disburses GOMESA revenue to state and local governments for each of the four GOMESA states. The numbers below show the disbursements to the states and their local governments. Disbursements are made the year following the year of receipt and are subject to sequestration. ...

How are Gomesa funds disbursed?

The following amounts were disbursed to states and their subdivisions: GOMESA funds are derived from qualified oil and gas leasing revenues on the Outer Continental Shelf and disbursedin accordance with the revenue-sharing provisions of the GOMESA legislation. ...

What are the phases of Gomesa revenue sharing?

There are two phases of GOMESA revenue sharing: Phase I: Since 2007, 37.5% of all qualified gulf revenues are shared among the four states and their coastal political subdivisions. Revenues are generated from leases in specific geographic areas defined in the act. ...

Which states receive a portion of Gomesa revenue?

Under GOMESA, Alabama, Louisiana, Mississippi, and Texas receive a portion of the revenue generated from oil and gas production offshore in the Gulf of Mexico. GOMESA also directs a portion of revenue to the Land and Water Conservation Fund. ...

What does Gomesa do with Gulf revenue?

GOMESA also directs a portion of gulf revenue to the Land and Water Conservation Fund. This fund supports preservation, development, and access to outdoor lands for public recreation. GOMESA funds are to be used for coastal conservation, restoration, and hurricane protection. There are two phases of GOMESA revenue sharing: ...

What are Gomesa funds used for?

GOMESA funds are to be used for coastal conservation, restoration, and hurricane protection. There are two phases of GOMESA revenue sharing: Phase I: Since 2007, 37.5% of all qualified gulf revenues are shared among the four states and their coastal political subdivisions. ...