HR 913 United States House · 118th Congress

RISEE Act of 2023

The RISEE Act of 2023 creates a National Oceans and Coastal Security Fund to support coastal communities and ecosystems. It allocates 37.5% of offshore wind revenue directly to eligible coastal states using a formula based on tidal shoreline length, coastal population density, and distance from offshore wind projects. States must use these funds for coastal protection, habitat restoration, infrastructure, or fisheries research, with strict annual reporting requirements to the Department of the Interior. The bill prohibits using these funds for litigation or creating marine monuments, ensuring resources directly support coastal community needs.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2023

Committee Review

Floor Vote

President

Introduced Feb 9, 2023 Last action Feb 21, 2023

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Full legislative history

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Committee

Feb 21, 2023

Committee

Referred to the Subcommittee on Energy and Mineral Resources.

lower

Feb 9, 2023

Committee

Referred to the Committee on Natural Resources, and in addition to the Committee on Science, Space, and Technology, 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.

lower

Feb 9, 2023

Introduced

Introduced in House

lower

1 primary · 47 co-sponsors