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

Shown Here:
Introduced in House (11/18/1991)

Fair Disbursement of Offshore Oil Revenue Act of 1992 - Establishes the Coastal Communities Outer Continental Shelf Receipt Fund in the Treasury. Requires the Secretary of the Interior to pay into the Fund two-thirds of certain revenue from Outer Continental Shelf leases.

Prescribes guidelines for distribution of such Fund to coastal States and counties.

Directs the Secretary to determine which counties, parishes, boroughs, tribal governments, or other unit of general government immediately below State government level shall be designated as coastal counties.