Amends the Outer Continental Shelf Lands Act and the Magnuson-Stevens Fishery Conservation and Management Act.
Delegates management authority of submerged lands from 3 geographical miles to 3 marine leagues for Louisiana, Mississippi, and Alabama, contingent on meeting specific conditions within 5 years.
Ensures protection of rights for lessees and operators on the submerged lands.
Allows states to oversee fisheries management in the expanded seaward boundaries.
Defines “expanded submerged land” as the area between 3 geographical miles and 3 marine leagues seaward of the coast line.
Requires the Secretary of the Interior to delegate authority upon written request from the states, provided they demonstrate adequate resources and effective administration.
States are not required to prepare or maintain an oil and gas leasing program under section 18.
States can collect rentals, royalties, and other sums from leases granted after the enactment of the Act.
Exempts new leases from certain federal revenue provisions and citizen suits.
States indemnify the U.S. for liabilities related to leases granted before the delegation of authority.
Transfers surety bonds for existing leases to the states within 90 days of delegation.
Expands state jurisdiction under the Magnuson-Stevens Act to 3 marine leagues seaward of the coast line for Alabama, Louisiana, and Mississippi.
Clarifies that federal authority over highly migratory species and other federal interests remains intact.