"Senate Approves Plan To Send BP Fines To Gulf Restoration"

"The Senate approved a highway bill Wednesday that includes a long-sought provision for the Gulf Coast: A guarantee that 80 percent of the fines collected from the April 2010 BP oil spill — an amount that could reach $20 billion — would be distributed for coastal restoration to the five states along the Gulf of Mexico: Mississippi, Louisiana, Florida, Texas and Alabama."

"While the bill faces an uncertain outlook in the House of Representatives, Gulf state lawmakers are anxious for Congress to adopt the amendment on the so-called RESTORE Act before a settlement is reached with the Department of Justice and BP."

Maria Recio reports for McClatchy Newspapers March 14, 2012.


"Senate Approves Amendment Giving Gulf States 80 Percent Of BP Spill Fines" (New Orleans Times-Picayune)

Source: McClatchy, 03/15/2012