Byrne Working to Bring More GOMESA Revenue to Gulf Coast
Congressman Bradley Byrne (R-AL) issued the following statement after cosponsoring the Domestic Offshore Energy Reinvestment Act of 2019, H.R. 3814, which would increase Alabama’s share of qualified Outer Continental Shelf oil and gas revenues under the Gulf of Mexico Energy and Security Act (GOMESA) of 2006.
Congressman Byrne said: “Alabama’s Gulf coast is a gem worth protecting, and the GOMESA funds we have received over the years have been indispensable for coastal restoration and hurricane preparedness. This legislation would bolster and expand those efforts by increasing Alabama’s share of oil and gas revenue from federal waters.
“I thank my colleagues Cedric Richmond and Garret Graves for introducing this legislation to preserve and protect our coastal communities. I’ll continue working to ensure coastal Alabama receives its share of oil and gas revenue.”
Under provisions in H.R. 3814, Alabama, Mississippi, Louisiana and Texas would split 50% of GOMESA revenues, up from 37.5%. The bill also eliminates the $500 million cap and includes leases that started in FY 2000, whereas right now GOMESA only covers leases beginning in FY 2006. The bill is pending before the House Subcommittee on Energy and Mineral Resources. Other cosponsors include Steve Scalise and Mike Johnson of Louisiana and Randy Weber of Texas.
Byrne has a history of supporting GOMESA and fighting to protect GOMESA funds from being diverted from coastal areas.