The State of Alabama will receive a minimum of nearly $1.4 billion dollars resulting from the payment of claims and penalties associated with the oil spill. These dollars are to be paid in 15 annual installments, which began in April 2016.
The Governor, along with the Alabama Department of Conservation and Natural Resources and the Alabama Gulf Coast Recovery Council is tasked with overseeing this funding for the benefit of Alabama’s natural resources and economy. Restoration is well underway in the state, with projects being funded across a wide-array of goals that, collectively, will significantly contribute to the improvement of Alabama’s coastal resources and strengthen our State economy while improving the health and resiliency of our coastal communities.
