Senators Seek More Revenue Sharing

摘要

Sens. Mary Landrieu (D-Louisiana) and Lisa Murkowski (R-Alaska) introduced legislation on Wednesday that aims to expand revenue-sharing for offshore energy development. The bill would allocate 37.5% of revenues from all types of offshore energy production -- including renewable energy and fossil fuels -- to coastal states. It would also lift a $500 million annual cap on federal revenues flowing to Gulf Coast states.