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139 STAT. 142 PUBLIC LAW 119–21—JULY 4, 2025 (A) in subparagraph (A), by striking ‘‘not less than 121⁄2 per centum’’ and inserting ‘‘not less than 121⁄2 percent, but not more than 162⁄3 percent,’’; (B) in subparagraph (C), by striking ‘‘not less than 121⁄2 per centum’’ and inserting ‘‘not less than 121⁄2 percent, but not more than 162⁄3 percent,’’; (C) in subparagraph (F), by striking ‘‘no less than 121⁄2 per centum’’ and inserting ‘‘not less than 121⁄2 percent, but not more than 162⁄3 percent,’’; and (D) in subparagraph (H), by striking ‘‘no less than 12 and 1⁄2 per centum’’ and inserting ‘‘not less than 121⁄2 percent, but not more than 162⁄3 percent,’’. (e) LIMITATIONS ON AMOUNT OF DISTRIBUTED QUALIFIED OUTER CONTINENTAL SHELF REVENUES.—Section 105(f)(1) of the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note; Public Law 109–432) is amended— (1) in subparagraph (B), by striking ‘‘and’’ at the end; (2) in subparagraph (C), by striking ‘‘2055.’’ and inserting ‘‘2024;’’; and (3) by adding at the end the following: ‘‘(D) $650,000,000 for each of fiscal years 2025 through 2034; and ‘‘(E) $500,000,000 for each of fiscal years 2035 through 2055.’’. SEC. 50103. ROYALTIES ON EXTRACTED METHANE. Section 50263 of Public Law 117–169 (30 U.S.C. 1727) is repealed. SEC. 50104. ALASKA OIL AND GAS LEASING. (a) DEFINITIONS.—In this section: (1) COASTAL PLAIN.—The term ‘‘Coastal Plain’’ has the meaning given the term in section 20001(a) of Public Law 115–97 (16 U.S.C. 3143 note). (2) OIL AND GAS PROGRAM.—The term ‘‘oil and gas program’’ means the oil and gas program established under section 20001(b)(2) of Public Law 115–97 (16 U.S.C. 3143 note). (3) SECRETARY.—The term ‘‘Secretary’’ means the Secretary of the Interior, acting through the Bureau of Land Management. (b) LEASE SALES REQUIRED.— (1) IN GENERAL.—Subject to paragraph (3), in addition to the lease sales required under section 20001(c)(1)(A) of Public Law 115–97 (16 U.S.C. 3143 note), the Secretary shall conduct not fewer than 4 lease sales area-wide under the oil and gas program by not later than 10 years after the date of enactment of this Act. (2) TERMS AND CONDITIONS.—In conducting lease sales under paragraph (1), the Secretary shall offer the same terms and conditions as contained in the record of decision described in the notice of availability of the Bureau of Land Management entitled ‘‘Notice of Availability of the Record of Decision for the Final Environmental Impact Statement for the Coastal Plain Oil and Gas Leasing Program, Alaska’’ (85 Fed. Reg. 51754 (August 21, 2020)). (3) SALE ACREAGES; SCHEDULE.— (A) ACREAGES.—In conducting the lease sales required under paragraph (1), the Secretary shall offer for lease under the oil and gas program— Deadline. 16 USC 3143 note. Repeal.