Iberia Parish News:

CONTACT INFO:
Courthouse Building
300 Iberia Street, Suite 400
New Iberia, LA 70560-4543

Phone: 337-365-8246




Iberia Parish President M. Larry Richard –RESTORE Act; Subtitle F of Public Law 112-141 -  2/28/2020
Administration

For more information contact: Scott Saunier

On July 6, 2012, the President signed into law the Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act (RESTORE Act; Subtitle F of Public Law 112-141) . The Act established the Gulf Coast Restoration Trust Fund in the U.S. Treasury Department.


Eighty percent of the civil penalties paid after July 6, 2012, under

the Federal Water Pollution Control Act in connection with the Deepwater Horizon oil spill will

be deposited into the Trust Fund and invested. Under the Act, amounts in the Trust Fund will be

available for programs, projects, and activities that restore and protect the environment and

economy of the Gulf Coast region.


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