Landrieu to get senate vote this week.

Cattle Network - Connecting The Beef Industry Worldwide:

"Under the deal Landrieu described in a June 29 statement, a bill would be debated on the Senate floor following the week-long Independence Day holiday recess. The compromise legislation would open about 8 million acres in the Gulf to energy production and allow 37.5% of the federal revenues generated to flow to Louisiana, Texas, Mississippi and Alabama, Landrieu said. She added that Louisiana would receive one-third of the funds during the first 10 years, under a formula that would award revenues based on each state's distance to
production."