The state of Mississippi and three Gulf Coast counties have been awarded more than $51.8 million for coastal conservation, restoration, and hazard mitigation activities. The funding represents Mississippi’s share of revenues generated through the Gulf of Mexico Energy Security Act (GOMESA), with the Magnolia State expected to receive $41,470,571 in.
The U.S. Department of the Interior heads the GOMESA revenue-sharing program that provides funding to Mississippi, Louisiana, Alabama, and Texas based on qualified offshore oil and gas leasing revenues.