offshore lease sale
Defined in 1 place of the United States Code.
The term “offshore lease sale” means an oil and gas lease sale—
(A) that is held by the Secretary in accordance with the Outer Continental Shelf Lands Act (43 U.S.C. 1331 et seq.); and
(B) that, if any acceptable bids have been received for any tract offered in the lease sale, results in the issuance of a lease.
Source
- 2022–present43 U.S.C. § 3006Public Lands · Ensuring energy security · in this section