113
(7) create and implement effective approaches 
to disseminate agency products and ocean informa-
tion to the general public; 
(8) identify areas that are infrequently ex-
plored; 
(9) develop ocean and coastal mapping strate-
gies that identify priority coastal and ocean mapping 
needs, and cost effective strategies to map those pri-
ority areas; 
(10) map the physical, biological, chemical, and 
archaeological aspects of the ocean; 
(11) develop sensors and systems to promote 
United States leadership in ocean technology; and 
(12) conduct hypothesis-driven science to un-
derstand deep ocean ecosystem patterns, processes, 
and mechanisms. 
SEC. 1002. SUBCOMMITTEE ON OCEAN EXPLORATION. 
(a) MEMBERSHIP.—The Committee shall establish a 
Subcommittee on Ocean Exploration. Each member of the 
Committee may designate a senior representative with ex-
pertise in ocean exploration to serve on the Subcommittee. 
The Committee shall select a Chair and 1 or more Vice 
Chairs for the Subcommittee from the membership of the 
Subcommittee. 
(b) RESPONSIBILITIES.—The Subcommittee shall—
114
(1) support and advise the Committee, the Na-
tional Oceans Council, and the National Oceanic and 
Atmospheric Administration Office of Ocean Explo-
ration on matters related to ocean exploration for 
the purpose of increasing the overall effectiveness 
and productivity of Federal ocean exploration ef-
forts; 
(2) provide recommendations on ocean explo-
ration goals and priorities for and implementation of 
the National Strategy for Ocean and Coastal Science 
developed under section 802 and guidance for ocean 
exploration investments; 
(3) coordinate with the Subcommittee on Ocean 
Education to provide for ocean exploration funding 
and educational opportunities for students at all lev-
els 
including 
undergraduate, 
graduate, 
and 
postdoctoral levels; 
(4) identify and work to establish linkages 
among Federal programs and those of States, aca-
demic institutions, museums and aquaria, industry, 
foundations, and other nongovernmental organiza-
tions; 
(5) coordinate with the National Oceanic and 
Atmospheric Administration Office of Ocean Explo-
ration and other Federal agency efforts to work with
115
minority-serving institutions and historically black 
colleges and universities, and also with traditionally 
majority-serving institutions, to ensure that students 
of underrepresented groups have access to ocean ex-
ploration educational opportunities; 
(6) lead development of effective strategies with 
common perspectives and messages for formal and 
informal ocean exploration efforts; and 
(7) carry out such other activities as the Com-
mittee and the National Oceans Council request. 
SEC. 1003. AUTHORIZATION OF APPROPRIATIONS. 
There are authorized to be appropriated to the Na-
tional Oceanic and Atmospheric Administration to carry 
out this title—
(1) $70,000,000 for each of fiscal years 2005 
through 2010; and 
(2) $80,000,000 for each of fiscal years 2011 
through 2016. 
TITLE XI—OCEAN AND GREAT 
LAKES 
CONSERVATION 
TRUST FUND 
SEC. 1101. ESTABLISHMENT OF FUND. 
(a) ESTABLISHMENT
OF FUND.—There is estab-
lished in the Treasury of the United States a fund which 
shall be known as the ‘‘Ocean and Great Lakes Conserva-
116
tion Trust Fund’’, in this title referred to as the ‘‘Fund’’. 
In each fiscal year after fiscal year 2004, the Secretary 
of the Treasury shall deposit into the Fund the following 
amounts: 
(1) OCS REVENUES.— An amount in each such 
fiscal year from qualified Outer Continental Shelf 
revenues 
equal 
to 
the 
difference 
between 
$1,300,000,000 and the amounts deposited in the 
Fund under paragraphs (2) and (3), notwith-
standing section 9 of the Outer Continental Shelf 
Lands Act (43 U.S.C. 1338). 
(2) AMOUNTS NOT DISBURSED.—All allocated 
but undisbursed amounts returned to the Fund 
under section 1106(a)(2). 
(3) INTEREST.—All interest earned under sub-
section (d). 
(b) TRANSFER FOR EXPENDITURE.—The Secretary 
of the Treasury shall transfer amounts deposited into the 
Fund as follows: 
(1) To the Administrator of the National Oce-
anic and Atmospheric Administration for purposes 
of making payments to coastal states only for car-
rying out their responsibilities for developing and 
implementing Regional Ocean Ecosystem Plans 
under title VII—
117
(A) $350,000,000 for fiscal year 2005; 
(B) $700,000,000 for fiscal year 2006; and 
(C) $1,000,000,000 for fiscal year 2007 
and each fiscal year thereafter. 
(2) To the Administrator for allocation, with 
concurrence of the National Oceans Council, only for 
carrying out responsibilities of the Federal Govern-
ment for development and implementation of Re-
gional Ocean Ecosystem Plans required under title 
VII—
(A) $50,000,000 for fiscal year 2005; 
(B) $100,000,000 for fiscal year 2006; and 
(C) $300,000,000 for fiscal year 2007 and 
each fiscal year thereafter. 
(c) SHORTFALL.—If amounts referred to in para-
graphs (1) through (3) of subsection (a) in any fiscal year 
after fiscal year 2004 are less than $1,300,000,000, the 
amounts transferred under paragraphs (1) and (2) of sub-
section (b) for that fiscal year shall each be reduced pro-
portionately. 
(d) INTEREST.—The Secretary of the Treasury shall 
invest moneys in the Fund (including interest), and in any 
fund or account to which moneys are transferred pursuant 
to subsection (b) of this section, in public debt securities 
with maturities suitable to the needs of the Fund, as de-