U.S. Congress legislation · 119th Congress
HB10318: PACMESA
Status: In committee, September 8, 2026
To amend the Outer Continental Shelf Lands Act to enhance the economic security of Pacific territories adjacent to seabed mining through revenue sharing, and for other purposes.
What the bill says
To amend the Outer Continental Shelf Lands Act to enhance the economic security of Pacific territories adjacent to seabed mining through revenue sharing, and for other purposes.
From the introduced text, September 8, 2026:
A BILL To amend the Outer Continental Shelf Lands Act to enhance the economic security of Pacific territories adjacent to seabed mining through revenue sharing, and for other purposes. SECTION 1. Short title This Act may be cited as the Pacific Minerals Economic Security Act or PACMESA . SECTION 2. Amendment to OCSLA (a) Requirements for certain leases issued under Outer Continental Shelf Lands Act Section 8(k) of the Outer Continental Shelf Lands Act ( 43 U.S.C. 1337(k) ) is amended-- (1) by redesignating paragraph (2) as paragraph (6); (2) by inserting after paragraph (1) the following: (2) No royalty relief The Secretary may not reduce, suspend, waive, eliminate, or otherwise exempt from payment any cash bonus, rental, royalty, or other amount due for a lease issued under paragraph (1) for a covered area of the outer Continental Shelf. (3) Security (A) Initial surety bond The Secretary may not issue a lease under paragraph (1) for a covered area of the outer Continental Shelf unless and until the prospective lessee provides to the Secretary a surety bond (or other form of security or financial assurance, as the Secretary determines appropriate) of not less than $100,000 to cover the lessee's obligations under the lease. (B) Supplemental surety bond The Secretary may not approve a plan authorizing production activities pursuant to a …
Sponsors
- Kimberlyn King-Hinds (R, HD-000) · primary sponsor
Latest actions
- : Referred to the House Committee on Natural Resources.
- : Introduced in House
Subjects: Energy
Common questions
- What is HB10318?
- HB10318 is a bill in Congress (119th Congress): PACMESA.
- What does HB10318 do?
- In its own words: To amend the Outer Continental Shelf Lands Act to enhance the economic security of Pacific territories adjacent to seabed mining through revenue sharing, and for other purposes.
- What is the status of HB10318?
- In committee as of September 8, 2026. Latest action: Referred to the House Committee on Natural Resources. (September 8, 2026).
- Who sponsored HB10318?
- Kimberlyn King-Hinds (R, HD-000).
- Where is the official record for HB10318?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10318
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.