688 



The Presiding Officer. The clerk will state the amendment. 

 The legislative clerk read as follows : 



On page 24, line 13, after "facilities" insert "within three years". 



Mr. Kennedy. Mr. President, I have had the opportunity to talk 

 my amendment over with the manager of the bill, the ranking mem- 

 ber, as w^ell as other interested Senators, and I believe it has wide sup- 

 port. 



I understand that the concept and the purpose of the legislation we 

 are considering is to look forward, to assist in planning for the future. 



There are three sections under which funding is provided. One is 

 for planning, which is obviously prospective ; another is to compensate 

 for future impacts; and a third provides funds for the landing of 

 offshore oil and gas based upon an entitlement formula worked out by 

 the committee. 



My amendment is targeted to title II, the $200 million impact pro- 

 gram. It limits retroactive consideration of impacts by the Secretary 

 to those experienced in the last 3 years. 



It seems to me that this will meet the most critical needs of States 

 where offshore development hag been underway for many years. At the 

 same time, it will insure, that the States in which there will be active 

 oil exploration along the coastal areas in the future, whether in the 

 Northeast, the Middle Atlantic States, or down in the gulf areas and 

 along the west coast, will not find the impact fund exhausted wlien 

 they experience impacts and apply for compensation. 



It seems to me that this carries through the purpose and the intent of 

 the act. 



I have talked it over with the floor managers and I hope it will be 

 acceptable. 



Mr. Stevens. I say to the Senator from IMassachusetts that on our 

 part, as manager of the bill on this side, we are prepared to accept the 

 amendment. 



Mr. HoLLiNGS. Mr. President, we are prepared to accept the amend- 

 ment. But before yielding back our time, for the information of our 

 colleagues, we have this amendment, another from Senator Tunney 

 and one from Senator Hansen that we are prepared to accept. 



I have also been informed that the Senator from Arkansas has an- 

 other amendment which w^ould require the yeas and nays. 



Let me at this time ask for the yeas and nays on final passage. 



The Presiding Officer. Is there a sufficient second ? 



There is a sufficient second. 



The yeas and nays were ordered. 



Mr. HoLLiNGS. After those amendments, barring the one rollcall with 

 the Senator from Arkansas, I would be prepared to go ahead and yield 

 back the remainder of my time. 



Mr. Stevens. Before that, may I inquire of the Senator from Ar- 

 kansas how long it will be before we have a rollcall vote? I wonder if 

 the Senator from Arkansas might tell us how much of his time he is 

 prepared to take on that amendment which he has ? 



Mr. Bumpers. Mr. President, on the amendment I have at the desk, I 

 would say 3 minutes for my part, and if the other side would agree 

 to that, it would be 6 minutes, and 10 minutes on a rollcall vote. 



