State plan outlines coastal work underway or soon to get started in Terrebonne, Lafourche and across Louisiana houmatoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from houmatoday.com Daily Mail and Mail on Sunday newspapers.
CPRA backs proposal to boost Louisiana s share of offshore oil, gas revenue
Mark Schleifstein
A planned U.S. Senate bill to increase the amount of federal oil revenue shared with Louisiana and other Gulf Coast states got a vote of support from the Louisiana Coastal Protection and Restoration Authority.
The proposed Reinvesting in America s Shoreline Economies and Ecosystems Act would fulfill promises that Sens. Bill Cassidy, R-La., and Sheldon Whitehouse, D-R.I., made last summer to expand revenue sharing for coastal states under the Gulf of Mexico Energy Security Act.
The senators have not yet introduced the revenue sharing bill, which would also set up a similar revenue sharing program for wind energy generated in federal waters,.