Bill · H.R. 7459· House(119-HR-7459)
Coastal Trust Fund Act
- Introduced
- 2/10/2026
- Last activity
- 2/11/2026 — Referred to the Subcommittee on Water Resources and Environment.
- Sponsored by
- Jefferson Van Drew
- Cosponsors
- - 2 - 1
- Introduced
- In Committee
What this bill would do
This bill establishes the Coastal Storm Risk Management Trust Fund within the United States Treasury. The fund is financed by $1,000,000,000 in annual credits derived from revenues such as bonuses, rentals, and royalties from the Outer Continental Shelf Lands Act. These funds are intended to support the Federal share of costs for coastal storm risk management projects. These projects include activities like hurricane and storm damage reduction, shoreline protection, and periodic nourishment. The Secretary of the Army, acting through the Chief of Engineers, is responsible for carrying out these projects.
Yes· 3 of 11
Does this better protect air, water and wildlife?+5
The bill funds shoreline protection and coastal storm risk management projects.
Does this improve help for people hit by a disaster?+4
The fund finances projects specifically designed for hurricane and storm damage reduction.
Is this likely to grow the economy?+2
The fund provides dedicated capital for coastal infrastructure which can support regional economic stability.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Funding for Coastal Protection: The bill provides a dedicated source of money for coastal storm risk management projects, which include hurricane and storm damage reduction, shoreline protection, and periodic nourishment (Section 3(a) and Section 3(d)(1)).
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Economic Investment of Funds: The Secretary of the Treasury is authorized to invest portions of the Fund in interest-bearing or government-guaranteed obligations to grow the fund's value (Section 2(d)(2)).
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Resource Availability: The fund's amounts remain available until they are expended, allowing for continued support of coastal projects (Section 2(c)).
Potential Negative Impacts for People
-
Revenue Diversion: The $1,000,000,000 credited to the fund each fiscal year is derived from revenues like bonuses, rentals, and royalties from the Outer Continental Shelf Lands Act (Section 2(b)(1)).
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Loss of Remaining Funds: If the fund is terminated, any money that hasn't been used yet will be transferred to the general fund of the Treasury (Section 2(d)(4)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Environment Energy And Infrastructure
- Improves Environmental Protections+5Improves Disaster Relief And F E M A+4
- Demographic And Interest Groups
- Good For Low Income Households+1Good For Middle Class Households+1Good For Rural Residents+1Good For Urban Residents+1
- Economy And Finance
- Improves Economic Growth+2Improves Fiscal Responsibility+1
- Governance And Ideology
- Improves Government Transparency+2
- Social Issues And Justice
- Improves Affordable Housing+1Improves Poverty Reduction+1
- 3/4/2026
- 1 Cosponsor added.
- 2/11/2026
- Referred to the Subcommittee on Water Resources and Environment.
- 1 Cosponsor added.
- 2/10/2026
- Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Natural Resources, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 1 Cosponsor added.
- Introduced in House
Laura GillenDemocrat · New York
Mike KellyRepublican · Pennsylvania
Christopher SmithRepublican · New Jersey