Aug 13 2014
Washington, D.C. – U.S. Senator Marco Rubio (R-FL) today welcomed a long awaited rule under the Resources and Ecosystem Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States (RESTORE) Act, but he cautioned that its implications must be closely analyzed in the days ahead.
Earlier today, the U.S. Treasury Department announced that a new rule has been published in the Federal Register for Gulf Coast states and municipalities to receive funding for environmental restoration and economic development projects under the RESTORE Act.
“Without a rule, Gulf states like Florida have been held back from being made whole again after the damage inflicted by the Deepwater Horizon disaster,” said Rubio. “It’s unacceptable that it’s taken the Obama Administration this long to issue a rule that people actually need and that is 20 months late.
“However, with rules like this, the devil is always in the details, so I will be examining it closely and consulting with Florida stakeholders to ensure our people are not being short-changed as we continue implementation of the Act,” added Rubio.
Last month, during a hearing of the Senate Commerce Subcommittee on Oceans, Atmosphere, Fisheries and Coast Guard, Rubio highlighted the problems associated due to the lack of this critical final rule under the RESTORE Act.