Page 70

139 STAT. 140 PUBLIC LAW 119–21—JULY 4, 2025 leasing moratoria, the Secretary of the Interior shall con- duct a minimum of 30 region-wide oil and gas lease sales, in a manner consistent with the schedule described in subparagraph (B), in the region identified in the map depicting lease terms and economic conditions accom- panying the final notice of sale of the Bureau of Ocean Energy Management entitled ‘‘Gulf of Mexico Outer Conti- nental Shelf Region-Wide Oil and Gas Lease Sale 254’’ (85 Fed. Reg. 8010 (February 12, 2020)). (B) TIMING REQUIREMENT.—Of the not fewer than 30 region-wide lease sales required under this paragraph, the Secretary of the Interior shall— (i) hold not fewer than 1 lease sale in the region described in subparagraph (A) by December 15, 2025; (ii) hold not fewer than 2 lease sales in that region in each of calendar years 2026 through 2039, 1 of which shall be held by March 15 of the applicable calendar year and 1 of which shall be held after March 15 but not later than August 15 of the applicable calendar year; and (iii) hold not fewer than 1 lease sale in that region in calendar year 2040, which shall be held by March 15, 2040. (2) ALASKA REGION.— (A) IN GENERAL.—The Secretary of the Interior shall conduct a minimum of 6 offshore lease sales, in a manner consistent with the schedule described in subparagraph (B), in the Cook Inlet Planning Area as identified in the 2017–2022 Outer Continental Shelf Oil and Gas Leasing Proposed Final Program published on November 18, 2016, by the Bureau of Ocean Energy Management (as announced in the notice of availability of the Bureau of Ocean Energy Management entitled ‘‘Notice of Availability of the 2017– 2022 Outer Continental Shelf Oil and Gas Leasing Pro- posed Final Program’’ (81 Fed. Reg. 84612 (November 23, 2016))). (B) TIMING REQUIREMENT.—Of the not fewer than 6 lease sales required under this paragraph, the Secretary of the Interior shall hold not fewer than 1 lease sale in the area described in subparagraph (A) in each of calendar years 2026 through 2028, and in each of calendar years 2030 through 2032, by March 15 of the applicable calendar year. (b) REQUIREMENTS.— (1) TERMS AND STIPULATIONS FOR GULF OF AMERICA SALES.—In conducting lease sales under subsection (a)(1), the Secretary of the Interior— (A) shall, subject to subparagraph (C), offer the same lease form, lease terms, economic conditions, and lease stipulations 4 through 9 as contained in the final notice of sale of the Bureau of Ocean Energy Management entitled ‘‘Gulf of Mexico Outer Continental Shelf Region-Wide Oil and Gas Lease Sale 254’’ (85 Fed. Reg. 8010 (February 12, 2020)); (B) may update lease stipulations 1 through 3 and 10 described in that final notice of sale to reflect current conditions for lease sales conducted under subsection (a)(1); Update. Deadlines. Deadlines. Time periods.