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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 43 U.S.C. § 1338a Moneys received as a result of forfeiture by Outer Continental Shelf permittee, lessee, or right-of-way holder; deposits and transfers to decommissioning account; return of excess amounts us united_states_code code_section 43 PUBLIC LANDS 29 SUBMERGED LANDS 1338a 43 U.S.C. § 1338a current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc43@119-100.zip /us/usc/t43/s1338a data/legal/raw/us/code/title-43/usc43.xml bc6da806d08b5642e256811f75232eb918ce0e8d2e6ac5353e6f9463ffba6dc3 d46a16361aa9d10bbc4b27ea0561882d240801c965a2700a4b7cf5f02f552a5f 7e3eb7a5f11ed82ab0f6d1af3fbe235e9825bfc8219d1558bded3cf4fd3ce803 2026-07-04 official
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43 U.S.C. § 1338a - Moneys received as a result of forfeiture by Outer Continental Shelf permittee, lessee, or right-of-way holder; deposits and transfers to decommissioning account; return of excess amounts

Text

Notwithstanding section 3302 of title 31, any moneys hereafter received as a result of the forfeiture of a bond or other security by an Outer Continental Shelf permittee, lessee, or right-of-way holder that does not fulfill the requirements of its permit, lease, or right-of-way or does not comply with the regulations of the Secretary, or as a bankruptcy distribution or settlement associated with such failure or noncompliance, shall be credited to a separate account established in the Treasury for decommissioning activities and shall be available to the Bureau of Ocean Energy Management without further appropriation or fiscal year limitation to cover the cost to the United States of any improvement, protection, rehabilitation, or decommissioning work rendered necessary by the action or inaction that led to the forfeiture or bankruptcy distribution or settlement, to remain available until expended: Provided further, That amounts deposited into the decommissioning account may be allocated to the Bureau of Safety and Environmental Enforcement for such costs: Provided further, That any moneys received for such costs currently held in the Ocean Energy Management account shall be transferred to the decommissioning account: Provided further, That any portion of the moneys so credited shall be returned to the bankruptcy estate, permittee, lessee, or right-of-way holder to the extent that the money is in excess of the amount expended in performing the work necessitated by the action or inaction which led to their receipt or, if the bond or security was forfeited for failure to pay the civil penalty, in excess of the civil penalty imposed.

(Pub. L. 11842, div. E, title I, § 123, Mar. 9, 2024, 138 Stat. 249.)

Notes

Editorial Notes

Codification Section was enacted as part of the Department of the Interior and Related Agencies Appropriations Act, 2024, and also as part of the Consolidated Appropriations Act, 2024, and not as part of the Outer Continental Shelf Lands Act which comprises this subchapter.

Prior ProvisionsA prior section 1338a, Pub. L. 101512, title I, Nov. 5, 1990, 104 Stat. 1926; Pub. L. 102381, title I, Oct. 5, 1992, 106 Stat. 1386; Pub. L. 103332, title I, Sept. 30, 1994, 108 Stat. 2508, related to moneys received as a result of forfeiture by Outer Continental Shelf permittee, lessee, or right-of-way holder and return of excess amounts, prior to repeal by Pub. L. 11842, div. E, title I, § 123, Mar. 9, 2024, 138 Stat. 249.