S. 2025 · 114th Congress
National Oceans and Coastal Security Act
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
This bill authorizes the Department of Commerce and the National Fish and Wildlife Foundation to establish the National Oceans and Coastal Security Fund as a tax exempt fund for supporting programs and activities to protect, conserve, and restore ocean and coastal resources and coastal infrastructure.
What it does: CRS summary · Introduced in Senate · Sep 10, 2015
National Oceans and Coastal Security Act
This bill authorizes the Department of Commerce and the National Fish and Wildlife Foundation to establish the National Oceans and Coastal Security Fund as a tax exempt fund for supporting programs and activities to protect, conserve, and restore ocean and coastal resources and coastal infrastructure.
Donations from a foreign government may not be deposited into the fund.
Commerce must prioritize projects that have non-federal partners sharing the project costs.
According to a specified allocation formula, the Foundation must award a minimum percentage of funds as grants to eligible coastal states while awarding a lesser percentage of funds to entities including states, Indian tribes, regional bodies, associations, non-governmental organizations, and academic institutions.
The bill amends the Outer Continental Shelf Lands Act to require the President to ensure that a certain percent of offshore energy revenues are deposited into the fund.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: National Oceans and Coastal Security Act
Latest action (Sep 10, 2015): Read twice and referred to the Committee on Commerce, Science, and Transportation.
Policy area: Public Lands and Natural Resources · Origin: Senate · Introduced: Sep 10, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.