Federal Council Announces Draft Spill Impact Component Regulation
On Tuesday, September 29, 2015, the Gulf Coast Ecosystem Restoration Council ("Federal Council") posted for public and tribal comment and review a proposed regulation to implement the Spill Impact Component ("Bucket 3") of the RESTORE Act. The regulation will establish the formula allocating funds made available from the Gulf Coat Restoration Trust Fund among the Gulf Coast States of Alabama, Florida, Louisiana, Mississippi and Texas pursuant to Sect 1603(3) of the RESTORE Act.
This proposed regulation is available for public and Tribal review and comment through Wednesday, Oct. 28, 2015.
To view the regulation or for more information please visit the council’s website: www.RestoreTheGulf.gov