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H. Rept. 114-713 1 (2016-09-06)

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                     114TH CONGRESS                                          REPORT
                        2d Session     HOUSE   OF  REPRESENTATIVES           114-713







                              INNOVATION IN OFFSHORE LEASING ACT



                     SEPTEMBER 6, 2016.-Committed to the Committee of the Whole House on the State
                                       of the Union and ordered to be printed



                       Mr. BISHOP  of Utah, from the Committee   on Natural  Resources,
                                           submitted  the following


                                              REPORT

                                                together with

                                            ADDITIONAL VIEWS

                                            [To accompany H.R. 5577]

                               [Including cost estimate of the Congressional Budget Office]

                       The Committee   on  Natural Resources,  to whom   was referred the
                     bill (H.R. 5577) to amend  the  Outer  Continental  Shelf Lands  Act
                     to authorize the  Secretary  of the Interior to conduct  offshore oil
                     and gas lease sales through  Internet-based live lease sales, and for
                     other purposes, having considered  the same, report favorably there-
                     on with  an amendment and recommend that the bill as amended
                     do pass.
                       The amendment is   as follows:
                       Strike all after the enacting clause and insert the following:
                     SECTION 1. SHORT TITLE.
                     This Act may be cited as the Innovation in Offshore Leasing Act.
                     SEC. 2. INTERNET-BASED OFFSHORE OIL AND GAS LEASE SALES.
                     (a) AUTHORIZATION.-Section 8 of the Outer Continental Shelf Leasing Act (43
                     U.S.C. 1337) is amended by adding at the end the following:
                     (q) INTERNET-BASED OIL AND GAS LEASE SALES.-
                          (1) IN GENERAL.-In order to modernize the Nation's offshore leasing pro-
                        gram to ensure the best return to the Federal taxpayer, reduce fraud, and en-
                        sure a fair and competitive leasing process, the Secretary may conduct lease
                        sales under this section through Internet-based, sealed-bidding methods.
                          (2) SALE REQUIREMENTS.-Sales conducted under paragraph (1) shall en-
                        sure-
                             (A) a publicly and freely accessible digital delivery of the bid reading
                             process, such as live Internet streaming, and an option for bidders to sub-
                             mit bids electronically;
                        59-006

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