The Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States (RESTORE) Act established the Gulf Coast Restoration Trust Fund to allocate penalties paid from the Deepwater Horizon oil rig drilling explosion and offshore oil spill. The Gulf Coast Restoration Trust Fund is distributed by Federal agencies or councils through five components.
The current Trust Fund allocations can be viewed for each of the five Gulf Coast states, including the 23 Florida counties. Pinellas County has opportunities to apply for grant awards through the Direct Component, the Comprehensive Plan Component, or the Spill Impact Component.
RESTORE Act Direct Component
Awards are administered by the U.S. Treasury. The Pinellas County Multiyear Implementation Plan (MYIP) was approved in November 2015 by the U.S. Treasury to fund four initial MYIP project applications being executed in early 2016.
RESTORE Act Comprehensive Plan Component
RESTORE Act Spill Impact Component
Awards are administered by the Gulf Coast Ecosystem Restoration Council through Florida's Gulf Consortium . The Consortium is a public entity created in October 2012 by Inter-local Agreement and approved the State Expenditure Plan for economic and environmental recovery of the Gulf coast on January 22, 2018.
- Ocean Conservancy Deepwater Horizon Flowchart
- FDEP – About RESTORE Act
- Gulf Restoration Council
- NFWF Gulf Environmental Benefit Fund