HR 7459 United States House · 119th Congress

Coastal Trust Fund Act

HR 7459, the Coastal Trust Fund Act, establishes a trust fund to finance coastal storm protection projects. It directs $1 billion annually from offshore energy lease revenues into the fund to cover the federal share of authorized projects like hurricane damage reduction, shoreline protection, and beach nourishment managed by the Army Corps of Engineers. Funds must be used only for specific projects approved by Congress, with annual reports detailing expenditures and remaining balances to Congress. The bill ensures these funds are separate from other conservation programs and requires the Treasury to manage investments within the fund.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

President

Introduced Feb 10, 2026 Last action Feb 11, 2026

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Committee

Feb 11, 2026

Committee

Referred to the Subcommittee on Water Resources and Environment.

lower

Feb 10, 2026

Committee

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.

lower

Feb 10, 2026

Introduced

Introduced in House

lower

1 primary · 3 co-sponsors