Skip to content

Commit dfc3c6a

Browse files
committed
gomesa-page-updates
1 parent a2dfc06 commit dfc3c6a

1 file changed

Lines changed: 4 additions & 2 deletions

File tree

src/pages/how-revenue-works/gomesa.mdx

Lines changed: 4 additions & 2 deletions
Original file line numberDiff line numberDiff line change
@@ -150,11 +150,13 @@ There are two phases of revenue sharing:
150150
**Phase II**: The second phase of revenue sharing started in fiscal year 2017. It expands the [areas that qualify for revenue-sharing (PDF) <OpenInNewIcon style={{ fontSize: 20 }} />](https://www.boem.gov/sites/default/files/oil-and-gas-energy-program/Leasing/GOMESA-Map.pdf).
151151
<br/>
152152

153-
Phase II also imposes revenue-sharing caps on states and the Land and Water Conservation Fund. Overall state revenue-sharing caps are:
153+
Phase II also imposes revenue-sharing caps on states and the Land and Water Conservation Fund. Overall state revenue-sharing caps, as adjusted from the [One Big Beautiful Bill Act <OpenInNewIcon style={{ fontSize: 20 }} />](https://www.congress.gov/bill/119th-congress/house-bill/1/text) are:
154154

155155
- $375 million for fiscal years 2017–2019
156156
- $487.5 million for fiscal years 2020 and 2021
157-
- $375 million for fiscal years 2022–2055
157+
- $375 million for fiscal years 2022–2024
158+
- $487.5 million for fiscal years 2025-2034
159+
- $375 million for fiscal years 2035-2055
158160

159161
The cap will be lifted beginning in fiscal year 2056.
160162

0 commit comments

Comments
 (0)