H.R. 7554 · 117th Congress · House

OWNER Act

Active· Referred to the Committee on Natural Resources, and in addition to the Committee on the Budget, for a period to be subsequently determined b…
Introduced
Apr 21, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Offshore Wind for Northeastern Energy Revenue Act or the OWNER Act

This bill expands revenue sharing for offshore wind projects on the Outer Continental Shelf within the New York Bight Area, including for rentals, royalties, and bonus bids. The New York Bight Area is the area extending generally northeast from Cape May in New Jersey to Montauk Point on the eastern tip of Long Island, New York.