Offshore Parity Act of 2026
Bill Summary
Requires the federal government to give the same revenue-sharing treatment to offshore energy production as it does to onshore energy production. This means that states with offshore energy production would receive a larger share of the revenue generated from it.
Sponsored By
Bill Journey
- Apr 28, 2026
- Jun 3, 2026You Are Here
The bill was sent to committee, where members study it, hold hearings, and decide whether to advance it.
- TBD
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
The bill affects states with offshore energy production, such as Gulf Coast states, by potentially increasing the revenue they receive from offshore oil and gas production. This could impact local economies and government budgets in these states.
Impact Areas
Support & Opposition
- Democratic2
- Republican2
Documents
1
Full text opens on congress.gov, the official source.
Cosponsors (3)
Bill Details
- Climate
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.