Subcommittee Hearings Held
Summary
The Offshore Parity Act would shift authority over a band of offshore land—from three miles to three marine leagues—from the federal government to the three Gulf states, if they request it within five years and meet set conditions. The states could issue and manage leases, collect royalties and oversee fisheries in that zone, while still protecting existing leaseholders and indemnifying the United States against certain liabilities. The bill amends the Outer Continental Shelf Lands Act and the Magnuson‑Stevens Act to make these changes.
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