The RESTORE Act Resources and Ecosystems Sustainability, Tourist - - PowerPoint PPT Presentation

The RESTORE Act

Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act Presentation by Ocean Conservancy

RESTORE Act

Clean Water Act civil penalties

To date: $800 million from Transocean

35%

(7% to each Gulf state)

Direct Component

2.5%

(plus 25% of interest)

NOAA Ecosystem Restoration Science Program

2.5%

(plus 25% of interest)

Centers of Excellence The funds will be split up evenly among the 5 Gulf states to establish a center in each. RESTORE Council will use a formula to determine how much money each state receives.

RESTORE Act Funding

30%

Oil Spill Impact Component

30%

(plus 50% of interest)

Gulf Coast Ecosystem Restoration Council Component In Florida 75% to impacted counties 25% to other coastal counties In Louisiana 70% to the state 30% to coastal parishes

Direct Component or Bucket 1

Multiyear Implementation Plans (MYIPs)

• Florida Counties - In Process
• Alabama Gulf Coast Recovery Council (AGCRC) -

Released Draft Project Selection Process Framework in January

• Mississippi – No Updates
• Louisiana - Draft MYIP is posted for public

comment through July 6th

• Texas RESTORE Advisory Board - No Updates

To find out more and get updates from the states visit these websites:

www.restorethetexascoast.org www.coastal.la.gov www.restore.ms www.restorealabama.org www.fl-counties.com/advocacy/gulf- consortium

RESTORE Council Component or Bucket 2

RESTORE Council Announced Proposal Submission and Evaluation Process July 25, 2014 RESTORE Council Announced Proposal Submission Window August 21, 2014 Public Engagement Meetings September 12, 2014 RESTORE Council Posted Proposals for the Draft Funded Priorities List (FPL) December 1, 2014 RESTORE Council Posted Context Reports for Draft FPL Proposals March 12, 2015

Restorethegulf.gov

RESTORE Council submitted its annual report to Congress December, 2014

Spill-Impact Component or Bucket 3

Spill Impact Component Planning Grants

RESTORE Council will provide access to up to 5% of available funds to each State for development of State Expenditure Plans (SEPs)

In December 2014, RESTORE Council released

Guidelines for State Expenditure Plans

RESTORE Science or Buckets 4 and 5

USM Center for Gulf Studies The Water Institute of the Gulf Texas A&M at Corpus Christi University

• f Houston &

Not Selected* Florida Institute

• f Oceanography

Centers of Excellence (Bucket 5)

*Alabama began soliciting proposals for COE on May 13, 2015

NOAA RESTORE Act Science Program (Bucket 4) In May 2015, the program released its Science Plan, which establishes ten long-term priorities that will guide research investments.

restoreactscienceprogram.noaa.gov

Contact us

Ocean Conservancy

Gulf Restoration Program www.oceanconservancy.org/gulf Michelle Erenberg

merenberg@oceanconservancy.org (504) 208-5818