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

Shown Here:
Introduced in House (04/26/2001)

Amends the Outer Continental Shelf Lands Act to prohibit the Secretary of the Interior from issuing a lease for the exploration, development, or production of oil, natural gas or any other mineral in the following planning areas: (1) eastern Gulf of Mexico; (2) Straits of Florida; or (3) South Atlantic, extending from the Straits of Florida planning area to the border between the States of Florida and Georgia.

Conditions the sale of an option to enter into an oil and gas lease (except in the case of a plan for natural gas production and transportation) upon an environmental impact statement and a State consistency certification.

Authorizes the Secretary to purchase rights to oil and gas development and production covered by specified leases outstanding in the Gulf of Mexico.