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Coastal advocate: Federal water bill could save Louisiana $600M
The U.S. House of Representatives has approved and sent back to the Senate the Water Resources Development Act of 2020, which includes a provision to allow Louisiana to renegotiate the payment agreement for a long-delayed federally constructed hurricane protection system in southeast Louisiana, Congressman Garret Graves said.
“WRDA is incredibly important to Louisiana and final passage would provide meaningful relief from nearly $600 million in unfair interest accrual during a decade of delays in the construction of the HSDRRS system that protects five coastal parishes,” Louisiana Coastal Protection and Restoration Authority Chairman Chip Kline said.