
RESTORE Act Funds and Ecological Restoration Efforts
A FINE USE
A bipartisan group within Congress has been working since last summer to build support for a proposal that would provide a steady stream of funding for ongoing restoration work. Known as the Resources and Ecosystems Sustainability, Tourism Opportunities, and Revived Economy (RESTORE) Act, the measure would ensure that fines raised from the Deepwater Horizon spill are dedicated primarily to restoring the economic and ecological damage to the Gulf region.
If enacted into law, the RESTORE Act will direct 80% of Clean Water Act penalties resulting from the Gulf oil spill to the coastal areas directly impacted by the spill. These funds could be used only for the affected areas’ ecological and economic recovery with the following breakdown:
* 65% of the funds will be spent by state and local task forces
* 30% of the funds will be spend by a federal-state task force
* 5% of the funds will be for Gulf fisheries and ecosystem research and monitoring
“The remaining 20% of the Clean Water Act penalties will be dedicated to the Oil Spill Liability Trust Fund.” (“Another Milestone for RESTORE Act,” WKRG News – Mobile, AL, March 12, 2012) http://www2.wkrg.com/news/2012/mar/14/another-milestone-restore-act-ar-3412608/


