Sen. Landrieu promotes bill to eliminate Gulf Coast revenue cap

07/22/2014 | Hill, The

Sen. Mary Landrieu, D-La., on Tuesday promoted a bill that would lift the $500 million annual limit imposed on revenues that Gulf Coast states can receive from offshore production. "Our next step is to lift the cap to accelerate these payments, and to make this more in-line with interior states," Landrieu said.

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Hill, The

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