There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (11/20/1989)

Prohibits the Secretary of the Interior from issuing any oil or gas exploration leases or licenses on submerged lands off the coastlines of the eastern seaboard, western seaboard, and Alaska (the Outer Continental Shelf). Retains the leases, licenses, and permits in effect on the date of enactment of this Act. Directs the Secretary to cancel (with compensation) specified leases or permits in effect on such date.

Directs the Secretary to report to the Congress on alternative options for compensating leaseholders of specified land tracts.