The RESTORE ACT and other Economic Opportunities

1. Alabama Section American Water Resources Association Susan Ivester Rees, Ph.D. Program Manager Mississippi Coastal Improvement Program The RESTORE ACT andother Economic Opportunities 4 September 2013 US Army Corps of Engineers BUILDING STRONG®

2. RESTORE ACT • Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act of 2012 (P.L. 112-141) • Restoration and protection of the natural resources, ecosystems, fisheries, marine and • wildlife habitats, beaches, and coastal wetlands of the Gulf Coast region. • Mitigation of damage to fish, wildlife, and natural resources. • Implementation of a federally approved marine, coastal, or comprehensive conservation management plan, including fisheries monitoring. • Workforce development and job creation. • Improvements to or on state parks located in coastal areas affected by the Deepwater Horizon oil spill. • Infrastructure projects benefitting the economy or ecological resources, including port infrastructure. • Coastal flood protection and related infrastructure. • Planning assistance. • Administrative costs (limited to not more than 3% of a state’s allotment). • Promotion of tourism in the Gulf Coast Region, including recreational fishing. • Promotion of the consumption of seafood harvested from the Gulf Coast Region

3. RESTORE ACT • Gulf Coast Restoration Trust Fund • 80% of administrative and civil penalties • US Department of Treasury • Gulf Coast Ecosystem Restoration Council • Comprehensive Plan for Ecosystem Restoration • Identify and fund projects / programs for restoration and protection of natural resources and Gulf ecosystems • Restore Council Members Secretary of Commerce (Chair) Governor of Florida Secretary of Interior Governor of Alabama Secretary of the Army Governor of Mississippi Secretary of Agriculture Governor of Louisiana Secretary of Homeland Security (Coast Guard) Governor of Texas Environmental Protection Agency Administrator

4. Alabama Gulf Coast Recovery Council • Established by law to develop State expenditure plan • Council members • Governor (chair) Director ASPA (co-chair) • Baldwin County Commission Mobile County Commission • Mayors: Bayou La Batre, Dauphin Island, Fairhope, Gulf Shores, Mobile, and Orange Beach • Administrator: Alabama Department of Conservation and Natural Resources

6. Clean Water Act Criminal Fines • 2 Court Settlements • BP: 29 January 2013, $4.5 B • National Fish and Wildlife Foundation (NFWF) ($2.394 B six payments over five years • 50% - Louisiana barrier islands and river diversions • 50% - Other 4 States : Alabama (28%) • National Academy of Sciences (NAS) ($350 M) • North American Wetlands Conservation Fund ($100 M) • Remainder to USCG and SEC • Transocean: 19 February 2013, $400 M • NFWF ($150 M three payments over two years) • NAS ($150 M, five payments over four years) • U.S. Treasury ($100 M)

7. Natural Resources Damage Assessment • Funds administered by Deepwater Horizon NRDA Trustees in accordance with court approved decree • Department of Interior State of Florida • National Oceanic and Atmospheric Administration State of Alabama • Department of Defense State of Mississippi • Environmental Protection Agency State of Louisiana • U. S. Department of Agriculture State of Texas • All projects must have a nexus to a natural resource(s) damage by the oil spill • Court - 2 phases: 1st phase complete; 2nd phase late September 2013 • $1 billion has been provided by BP as part of an Early Restoration Settlement (2011) • Eight projects ($99 million) approved 2012 • 29 projects approved 2013 • Trustees working with BP to approve another 69 projects ($901 million) • NRDA Trustees, DOJ, and BP meet monthly to discuss and plan early restoration and long term NRDA plans