Referred to the Subcommittee on Water Resources and Environment.
Water Resources Development
Why This Matters
The Coastal Trust Fund Act sets up a dedicated fund to help pay for projects that protect coastlines from storms. This is important for reducing damage and keeping communities safe during severe weather events.
If you live in a coastal area, this fund could help protect your home from storm damage.
Who this affects
Coastal communities · Residents at risk of storm damage
What changes is this bill making?
1This bill creates a new fund for managing risks from coastal storms.
2It will receive $1 billion each year from certain federal revenues.
3The fund will be used for projects that protect coastlines from storm damage.
4The Secretary of the Treasury will oversee the fund's management and investments.
5Annual reports will track how the money is spent on coastal projects.
