Sec. 305. Annual restoration and funding
206 words·~1 min read·
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To the maximum extent practicable, the Secretary of Commerce shall award grants under the Program to conduct coastal wetland restoration on 1,500,000 acres over 10 years, as follows: On 50,000 acres in each of fiscal years 2021 and 2022. On 100,000 acres in each of fiscal years 2023 and 2024. On 150,000 acres in each of fiscal years 2025 and 2026. On 225,000 acres in fiscal year 2027 and each fiscal year thereafter. On October 1 of each fiscal year, out of any funds in the Treasury not otherwise appropriated, the Secretary of the Treasury shall transfer to the Secretary of Commerce to provide grants under the Program, to remain available until expended— $1,250,000,000 for each of fiscal years 2021 and 2022; $2,500,000,000 for each of fiscal years 2023 and 2024; $3,750,000,000 for each of fiscal years 2025 and 2026; and $5,625,000,000 for each of fiscal years 2027 through 2030.
The Secretary of Commerce shall be entitled to receive, shall accept, and shall use to provide grants under the Program in accordance with paragraph
(1)the funds transferred under that paragraph, without further appropriation. The amount authorized to be appropriated by subsection
(a)shall supplement and not supplant other amounts available to the Secretary of Commerce.