To amend the Outer Continental Shelf Lands Act to enhance the economic security of Pacific territories adjacent to seabed mining through revenue sharing, and for other purposes.

Summary

The bill modifies the Outer Continental Shelf Lands Act to provide revenue sharing from seabed mining activities to Pacific territories that border the mining sites. By directing a portion of mining proceeds to these territories, the measure seeks to improve their economic security. It is currently referred to the House Committee on Natural Resources.

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