09/30/2019 | News release | Distributed by Public on 09/30/2019 14:10
H.R. 729 would amend the Coastal Zone Management Act of 1972 and would authorize the appropriation of $5 million a year for the National Oceanic and Atmospheric Administration (NOAA) to provide grants to Indian tribes to restore or preserve areas with ecological, cultural, historic, sacred, or esthetic significance and to stabilize coastal shorelines.
CBO estimates that implementing the bill would cost $22 million over the 2020-2024 period and $5 million a year thereafter, assuming appropriation of the authorized amounts. In 2019, NOAA allocated about $75 million for all coastal zone management grants. The costs of the legislation, detailed in Table 1, fall within budget function 300 (natural resources and environment).