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H.R.7459

Coastal Trust Fund Act

Introduced·2/10/26

Establishes the Coastal Storm Risk Management Trust Fund to support coastal storm risk management projects.

The Coastal Trust Fund Act establishes the Coastal Storm Risk Management Trust Fund in the U.S. Treasury. The fund receives $1 billion annually from Outer Continental Shelf Lands Act revenues and interest from investments. It supports the Army Corps of Engineers' coastal storm risk management projects, including construction, operation, maintenance, repair, rehabilitation, and nourishment. The Secretary of the Treasury manages the fund, with annual reports to Congress. Upon termination, any remaining balance transfers to the general Treasury fund.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Subcommittee on Water Resources and Environment Committee
Next
Committee decision

Sponsors

D
1
3
RRR
Democratic CaucusRepublican Caucus

History

Feb 11

House

Referred to the Subcommittee on Water Resources and Environment.

Feb 10

House

Introduced in House

Feb 10

House

Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Natural Resources, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.