# 119-hr-10318: PACMESA

119-hr-10318, PACMESA, is a 119th Congress bill sponsored by Del. King-Hinds, Kimberlyn [R-MP-At Large] (R-MP); status introduced; PRIA reads it as touching household money (as of 2026-09-20).

- Canonical: https://policyrisk.com/legislation/119-hr-10318
- As of: 2026-09-20
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-10318
- Congress: 119
- Title: PACMESA
- Status: introduced
- Introduced: 2026-09-08
- Sponsor: Del. King-Hinds, Kimberlyn [R-MP-At Large] (R-MP)
- Cosponsors: 0
- Policy area: Energy
- Touches household money: yes
- Last recorded action: 2026-09-20

## Summary

**Direct revenue sharing with Pacific territories.** The Pacific Minerals Economic Security Act creates a framework to share seabed-mining lease revenues with Guam, American Samoa, and the Northern Mariana Islands and tightens bonding and environmental review rules for seabed mining. - Covered territories get a new revenue stream starting in fiscal year 2027. Half of covered leasing revenues go to a special treasury account for Guam, American Samoa, and CNMI and are distributed by a distance-based formula with at least a 10% minimum allocation per qualifying tract, and funds are limited to coastal restoration, infrastructure including energy, environmental mitigation, or fiscal stabilization and debt reduction and remain available until spent. - Mining operators face stricter financial rules. The bill bars royalty relief and requires mandatory security such as initial and supplemental surety bonds with set criteria and adjustment mechanics and strengthens environmental review requirements. - Environmental planning and local input are increased. The law funds a government study on mitigation methods for seabed mining with required consultation with regional colleges and requires notice to adjacent covered territories plus governor review and comment on environmental assessments that trigger Coastal Zone Management Act consistency reviews.

## Provisions PRIA read

- Revenue sharing for Pacific territories: benefit, low. If enacted, the bill would split covered leasing revenues for Pacific seabed leases starting in fiscal year 2027. Fifty percent would go to the U.S. Treasury general fund and fifty percent to a special Treasury account for the three covered territories. Eligible territories are Guam, American Samoa…
- Higher bonds and no royalty relief: cost, low. If enacted, the bill would require companies seeking leases for covered Pacific seabed areas to post an initial surety bond of at least $100,000 before lease issuance. Before any approved production plan, companies would have to provide a supplemental bond set by the Secretary based on company fina…

## Related bills

- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-4393: DIGNIDAD (Dignity) Act of 2025
- 119-hr-10115: Radiation Exposure Compensation Reauthorization Act of 2026
- 119-hr-7333: Family Violence Prevention and Services Improvement Act of 2026
- 119-hr-7613: ALERT Act
- 119-hr-5168: Puerto Rico Nutrition Assistance Fairness Act

## Sources
- [119-hr-10318 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/10318)

## Related
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-4393: DIGNIDAD (Dignity) Act of 2025](https://policyrisk.com/legislation/119-hr-4393)
- [119-hr-10115: Radiation Exposure Compensation Reauthorization Act of 2026](https://policyrisk.com/legislation/119-hr-10115)
- [119-hr-7333: Family Violence Prevention and Services Improvement Act of 2026](https://policyrisk.com/legislation/119-hr-7333)
- [119-hr-7613: ALERT Act](https://policyrisk.com/legislation/119-hr-7613)
- [119-hr-5168: Puerto Rico Nutrition Assistance Fairness Act](https://policyrisk.com/legislation/119-hr-5168)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-10318 (as of 2026-09-20).