The Senate portion of the bill would force the government to annually distribute $250 million from 2007 to 2010 among Louisiana and five other coastal energy-producing states. The money would come from federal taxes on oil produced in federal waters in the Gulf of Mexico off Louisiana's coast. Louisiana would receive the biggest portion.

The House version calls for Louisiana to receive $300 million over the next five years, rising to $1 billion a year in revenues starting in 2016.

The conference committee will decide which version gets used in the Energy Bill, though Jindal said members have the latitude to decide on any amount they see fit. The committee hopes to give Bush a bill by the end of next week.