Auctions of leases for wind and mineral development off the coast of certain U.S. territories and possessions
Spending of a portion of the income for payments to those jurisdictions (without further appropriation) and for activities administered by the Coastal Reef Conservation Fund (subject to appropriation)
Spending to conduct auctions and study such offshore wind resources, subject to appropriation
Estimated budgetary effects would primarily stem from increasing
Collection of offsetting receipts from offshore energy and mineral leases
Spending subject to appropriation for administrative expenses related to new leasing activities and for the Coastal Reef Conservation Fund
Areas of significant uncertainty include
The technical and economic feasibility of developing offshore wind and mineral resources in the affected areas
The amounts companies would be willing to pay to for leases to develop offshore wind resources