; and (2) in the Cook Inlet Planning Area, 1 lease sale in each of fiscal years 2018, 2019, and 2020. 103. Lease terms of certain Chukchi and Beaufort leases (a) In general Section 8(b)(2) of the Outer Continental Shelf Lands Act ( 43 U.S.C. 1337(b)(2) ) is amended— (1) in subparagraph (A), by striking or at the end; (2) in subparagraph (B), by striking ; and inserting ; or ; and (3) by adding at the end the following: (C) in the case of an oil and gas lease in the Beaufort Planning Area or the portion of the Chukchi Planning Area that is beyond 3 nautical miles of the seaward boundary of the State of Alaska, 20 years; . (b) Extension of existing leases (1) In general The Secretary, with the consent of the holder of a covered lease described in paragraph (2), may extend the initial term of the covered lease to 20 years. (2) Description of covered lease (A) In general A covered lease referred to in paragraph (1) is a lease for oil and gas production in effect on the date of enactment of this Act that was issued under section 8 of the Outer Continental Shelf Lands Act ( 43 U.S.C. 1337 ) for a portion of the Beaufort Planning Area or Chukchi Planning Area that is beyond 3 nautical miles of the seaward boundary of the State. (B) Exclusion A covered lease referred to in paragraph (1) does not include any lease in the Nearshore Beaufort Sea Planning Area. 104. Distribution of revenue to Alaska Section 9 of the Outer Continental Shelf Lands Act ( 43 U.S.C. 1338 ) is amended— (1) by striking All rentals, and inserting the following: (a) In general Except as provided in subsection (b), all rentals, ; and (2) by adding at the end the following: (b) Distribution of revenue to Alaska (1) Definitions In this subsection: (A) Coastal political subdivision The term coastal political subdivision means a county-equivalent subdivision of the State— (i) all or part of which lies within the coastal zone of the State (as defined in section 304 of the Coastal Zone Management Act of 1972 ( 16 U.S.C. 1453 ))