I am pleased to introduce this amendment, along with two of my colleagues, Representatives Charles Boustany and Garret Graves, both of Louisiana. My straightforward amendment would prohibit any effort to redirect funds allocated under the Gulf of Mexico Energy Security Act, also referred to as GOMESA. GOMESA was passed in 2006 and created a revenue- sharing agreement for offshore oil revenue between the Federal Government and four States in the Gulf of Mexico: Texas, Louisiana, Mississippi, and Alabama. Under GOMESA, a certain percentage of the revenues generated from selected oil and gas lease sales in the Outer Continental Shelf of the Gulf of Mexico are returned to the Gulf States. This money must be used in coastal areas for important purposes like coastal restoration and hurricane preparedness. There is a reason the law was structured this way. These Gulf States not only provide a significant share of the infrastructure and workforce for the industry in the Gulf, but they also have inherent environmental and economic risks. Unfortunately, in his budget proposal this year, President Obama recommended the money be taken away from the Gulf States and instead be spread around the country to implement his radical climate agenda.…
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