WASHINGTON–U.S. Senators Bill Cassidy, M.D. (R-LA) and John Kennedy (R-LA) today announced Louisiana’s receipt of $94.7 million in GOMESA revenue sharing funding from the U.S. Department of the Interior, which represents 44 percent of the total amount allocated to Gulf states. This is roughly a $12M increase from last year’s total. The Louisiana State Constitution requires that offshore revenue sharing funds be used for coastal restoration efforts.
“GOMESA revenue is essential to restore and protect Louisiana’s coasts,” said Dr. Cassidy.“I thank the Trump Administration for their support of this funding and will continue to work with the administration, and the entire Louisiana delegation, to preserve this important program.”
“Each year, Louisiana receives a portion of the revenue that the federal government derives from offshore drilling,” said Senator Kennedy.“This money is made off Louisiana’s coast, and it is used to battle coastal erosion. It’s no secret that our coastline is disappearing, threatening coastal families and jobs. This increase in funding will help us restore our wetlands and preserve Louisiana’s future.”