Source: United States Senator for Louisiana Bill Cassidy
WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA), today announced that Louisiana is receiving $156,161,552.64 in revenue from the Department of Interior from energy produced in the Gulf of Mexico during Fiscal Year (FY) 2020. The Gulf of Mexico Energy Security Act (GOMESA), which was signed into law in 2006, created a revenue sharing program between the federal government and the States of Louisiana, Texas, Mississippi and Alabama for oil and gas exploration and development activities off their coasts to benefit the nation.
“The funding is not just about supporting Louisiana energy, it’s about improving the lives of those living along our coasts,” said Dr. Cassidy. “This funding will go to rebuilding our coastlines and better protect families in South Louisiana.”
Louisiana constitutionally dedicates revenues from offshore energy production to pay for conservation, restoration, and environmental projects to preserve and restore its eroding coastline.
FY22 breakdown:
|
State of Louisiana |
$124,929,242.09 |
|
Assumption Parish |
$1,024,486.89 |
|
Calcasieu Parish |
$1,690,097.29 |
|
Cameron Parish |
$2,093,389.70 |
|
Iberia Parish |
$1,615,511.29 |
|
Jefferson Parish |
$2,535,523.69 |
|
Lafourche Parish |
$1,610,657.24 |
|
Livingston Parish |
$1,323,701.55 |
|
Orleans Parish |
$2,221,073.80 |
|
Plaquemines Parish |
$3,051,599.04 |
|
St. Bernard Parish |
$1,491,358.10 |
|
St. Charles Parish |
$1,097,922.43 |
|
St. James Parish |
$956,832.76 |
|
St. John the Baptist Parish |
$1,024,759.18 |
|
St. Martin Parish |
$1,152,100.17 |
|
St. Mary Parish |
$1,339,636.31 |
|
St. Tammany Parish |
$1,768,910.90 |
|
Tangipahoa Parish |
$1,268,693.74 |
|
Terrebonne Parish |
$2,356,030.93 |
|
Vermilion Parish |
$1,610,025.54 |
|
TOTAL |
$156,161,552.64 |