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HR 7554 United States House · 117th Congress

OWNER Act

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.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill expands revenue sharing from offshore wind projects (rentals, royalties), directly increasing state budget revenue streams without tax changes.90% confidence ✓ EnergySupports EnergyExpands revenue sharing for offshore wind projects, directly advancing renewable energy development in the New York Bight Area.95% confidence ✓ EnvironmentSupports EnvironmentPromotes offshore wind energy development, a clean energy source, by expanding revenue sharing for projects in the New York Bight, advancing environmental protection goals.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2022
Committee Review
Floor Vote
President
Introduced Apr 21, 2022 Last action Apr 21, 2022
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Apr 21, 2022
Committee
Referred to the Committee on Natural Resources, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Apr 21, 2022
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Nicole Malliotakis
Nicole Malliotakis
RRepublican
NY
11