Plain English Breakdown
The official source material does not provide detailed specifics about future funding amounts or spending plans beyond what is required in the act.
Watershed Restoration and Conservation Fund Act
This act establishes a fund to support the restoration and long-term care of lands and watersheds in the Amite River Basin affected by sand and gravel mining.
What This Bill Does
- Establishes the Watershed Restoration and Conservation Fund to help restore damaged areas caused by sand and gravel mining.
- Deposits money from severance taxes on sand into this fund, after certain allocations are made.
- Allows for donations, gifts, grants, or other revenue to be added to the fund.
- Requires that the Coastal Protection and Restoration Authority use the funds as directed in the act.
- Needs an annual report detailing how the money was used each year.
Who It Names or Affects
- People living near the Amite River Basin who may benefit from improved watersheds.
- The state treasurer, who manages the fund's finances.
- The Coastal Protection and Restoration Authority, which oversees the use of funds.
Terms To Know
- severance tax
- A tax on companies that remove natural resources like sand from a state.
- watershed
- An area of land where all the water drains into the same place, such as a river or lake.
Limits and Unknowns
- The act only applies to areas within the Amite River Basin.
- It does not specify how much money will be in the fund each year.
- Details about future funding and spending are not provided beyond what is required by this law.