; and (B) recommendations on the best uses of the revenues generated by the annual pipelines fees as authorized by subsection (d). (2) Report Not later than 18 months after the date of enactment of this Act, the Directors shall transmit a report to the Committee on Natural Resources of the House of Representatives and the Committee on Energy and Natural Resources of the Senate, detailing the findings and determinations of the study, including any recommendations for legislation. (b) Required considerations in reviewing decommissioning applications In determining whether to permit an owner to decommission an oil or gas pipeline, the Bureau of Safety and Environmental Enforcement, shall fully consider whether the offshore oil and gas pipeline constitutes a hazard to navigation and commercial and recreational fishing operations, unduly interferes with other uses of the outer continental shelf, or has adverse environmental effects. (c) Ongoing monitoring of decommissioned pipelines The Bureau of Safety and Environmental Enforcement shall continually monitor the condition and location of all oil and gas pipelines that have been decommissioned and remain in place, and shall maintain all relevant records of such monitoring. (d) Annual pipeline owners fee Not later than 180 after the date of enactment of this Act, the Bureau of Safety and Environmental Enforcement shall issue regulations to assess an annual fee on owners of offshore oil and gas pipelines for the purpose of providing the Bureau with funds to decommission or remove such pipelines in the event an owner files for bankruptcy. Such fee shall be no less than— (1) $10,000 per mile for such pipelines in water with a depth of 500 feet or greater