HR 1372 · 112th Congress · Energy
VA Energy Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Energy and Mineral Resources.(2011-04-07)
Plain Language Summary
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Virginia Access to Energy Act or VA Energy Act - Directs the Secretary of the Interior to conduct offshore oil and gas Lease Sale 220 on the Outer Continental Shelf (OCS) not later than one year after enactment of this Act. Prohibits the Secretary from making any lease tract available if the President determines that it would create an unreasonable conflict with military operations. Directs the Secretary of the Treasury to deposit 50% of qualified revenues from such lease sales into the general fund of the Treasury to reduce the outstanding federal debt and 50% in a special account for specified payments to the state of Virginia.…
Summarized by Claude AI · Non-partisan · For informational purposes only