U.S. Senators Cassidy, Whitehouse Introduce Bill to Improve Gulf of Mexico Revenue Sharing Program June 22, 2021 U.S. Senators Bill Cassidy (R-LA) and Sheldon Whitehouse (D-RI) recently introduced legislation aimed at increasing funding for coastal restoration and hurricane protection. The Reinvesting in Shoreline Economies & Ecosystems (RISEE) Act would make needed improvements to the Gulf of Mexico Energy Security Act (GOMESA) and create a dedicated funding stream for future offshore wind development revenues. “Dedicated, reliable funding streams not only allow for good projects today, but provide the foundation for a program of well-planned, pre-disaster investments in coastal resilience,” said CPRA Chairman Chip Kline. “With coastal adaptation needs growing across Louisiana, it is not a moment too soon to revisit federal impact assistance from energy production in the Gulf. Other states with energy and mineral development on federal land face no cap and share 50% of the revenues produced, and Gulf-producing states deserve no less. In the near future as we see offshore wind energy production in the waters off Louisiana we hope that those projects can provide us clean power, good jobs, and additional revenues to support a more resilient coast.”