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SB225 Alabama 2015 Session

Updated Jul 24, 2021
SB225 Alabama 2015 Session
Senate Bill
Expired
Current Status
Regular Session 2015
Session
1
Sponsor

Summary

Session
Regular Session 2015
Title
Deepwater Horizon Oil Spill, settlement funds, priority disbursement to economic and environmental restoration projects in Mobile and Baldwin Counties
Description

Under federal law, the Resources and Ecosystems Sustainability, Tourist Opportunities and Revived Economies of the Gulf Coast States Act (RESTORE Act) dedicates 80 percent of all Clean Water Act penalties paid by those responsible for the 2010 gulf oil disaster to Gulf Coast restoration.

This bill would require that any Clean Water Act penalty funds received by the state for damages caused by the Deepwater Horizon oil spill that are not disbursed pursuant to the RESTORE Act be deposited into a trust account with 80 percent of the funds expended in Baldwin and Mobile Counties on scientific research, environmental restoration of coastal areas, and economic incentives and initiatives.

Subjects
Appropriations

Bill Actions

S

Indefinitely Postponed

S

Read for the second time and placed on the calendar

S

Read for the first time and referred to the Senate committee on Finance and Taxation General Fund

Bill Text

Documents

Source: Alabama Legislature