The Coastal Protection and Restoration Fund
For decades, Louisiana has constitutionally dedicated revenues from state mineral leases and other sources to the Wetlands Conservation and Restoration Fund to pay for the ongoing and expensive work of coastal restoration. In a special session convened after the hurricanes of 2005, the Louisiana Legislature passed an amendment to the state’s constitution to include hurricane protection as an additional authorized use of these funds. Also, the amendment dedicates any revenues shared by the federal government from oil and gas production on the outer continental shelf (OCS) for the sole purpose “of coastal wetlands conservation, coastal restoration, hurricane protection and infrastructure directly impacted by coastal wetland losses.” This amendment was passed as Act 69 of the 1st Extraordinary Session of 2005 and was overwhelmingly ratified by the voters of Louisiana on Sept. 30, 2006.
From Act 69:
Federal Funding Sources
The sharing of Outer Continental Shelf (OCS) federal oil and gas revenue as prescribed in the Gulf of Mexico Energy Security Act of 2006 (Public Law 109-432 or H.R. 6111) which was passed by the 109th Congress and signed into law by President George W. Bush. To read the Gulf of Mexico Energy Security Act of 2006 please click the following link: Gulf of Mexico Energy Security Act of 2006.pdf
The Gulf of Mexico Energy Security Act of 2006 allows the sharing of 37.5 percent of revenues generated from royalties from the production of oil and gas off the OCS with the four Gulf Coast states that host production infrastructure and allow drilling off their coasts. Those states are: Louisiana, Alabama, Mississippi and Texas. Louisiana will receive the bulk of the money since it hosts the most oil and gas producing activities of the four states.
CWPPRA and Coastal Impact Assistance Program
Federal sources of revenue for coastal restoration projects will also come from the Coastal Impact Assistance Program (CIAP) and the Coastal Wetlands Planning, Protection and Restoration Act (CWPPRA). For more information about CIAP, please click the following link: http://dnr.louisiana.gov/crm/ciap/ciap.asp.
For more information about CWPPRA, please click the following link: http://www.lacoast.gov/