On Friday, August 15, the United States Department of Treasury released the Interim Final Rule which governs the Gulf Coast Restoration Trust Fund established by the RESTORE Act. The Final Rule will govern the administration of RESTORE Act funds to Escambia County and is required to be released before the County can submit a Multiyear Implementation Plan (MYIP) to apply for RESTORE Act funding.
Treasury is currently accepting public comment on this Rule. Interested persons may submit comments electronically through the Federal eRulemaking Portal at http://www.regulations.gov. Comments may also be submitted by mail to the Department of Treasury, Attention: Janet Vail, Room 1132; 1500 Pennsylvania Avenue, NW; Washington, DC 20220, or by email to [email protected]. The public comment period is set to close on Monday, September 15, and the Final Rule is expected to be released on Wednesday, October 15.
The U.S. Department of Treasury Interim Final Rule and related guidance documents can be found below.
For more information about the RESTORE Committee in Escambia County, visit www.myEscambia.com/RESTORE.
