Bill to Protect Louisiana’s Coastal Fund Passes House
(May 5, 2014—Baton Rouge, LA) Today, the Louisiana House of Representatives unanimously passed House Bill 490, legislation that will protect the state’s Coastal Protection and Restoration Fund from misuse. National and local conservation organizations committed to Mississippi River Delta restoration – Environmental Defense Fund, National Wildlife Federation, National Audubon Society, Lake Pontchartrain Basin Foundation and the Coalition to Restore Coastal Louisiana – issued the following statement:
“The House took a stand for the coast today by unanimously approving House Bill 490. This bill closes the loophole on misuse of the Coastal Fund as a pass-through account. Authored by Representative Brett Geymann (R-Lake Charles), House Bill 490 protects the integrity of the Coastal Fund by ensuring it is used as the law intended: for coastal protection and restoration uses only.
“Transparent and proper use of the Coastal Fund is essential to our state’s coastal restoration efforts. This is especially true as federal decision-makers are deciding how to direct hundreds of millions of dollars in penalties from the Gulf oil disaster. Money transferred into the Coastal Fund should only be used for coastal purposes – not to balance the state’s budget.
“The people of Louisiana deserve the state’s unanimously-passed commitment to comprehensive coastal restoration. We look to the Senate to make the same choice and swiftly pass House Bill 490.”
One of the world’s leading international nonprofit organizations, Environmental Defense Fund (edf.org) creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships. With more than 3 million members and offices in the United States, China, Mexico, Indonesia and the European Union, EDF’s scientists, economists, attorneys and policy experts are working in 28 countries to turn our solutions into action. Connect with us on Twitter @EnvDefenseFund
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