35000-35003
PUBLIC RESOURCES CODE
SECTION 35000-35003
35000. This division shall be known and may be cited as the Coastal Resources and Energy Assistance Act. 35001. The Legislature finds and declares that it is essential that the state, in cooperation with local governments, invest a portion of federal revenues derived from the extraction of publicly owned, nonrenewable offshore energy resources for the sound protection and management of the state's renewable ocean and coastal resources. 35002. The Legislature further finds and declares that the federal government's accelerated and expanded federal offshore leasing program, in conjunction with the State Lands Commission's submerged lands leasing program, have placed a greater strain on state and local government efforts to plan for and manage the ocean and coastal impacts caused by offshore oil and gas development. 35003. The Legislature further finds and declares, therefor, that a portion of federal revenues derived from the extraction of offshore energy resources should be expended by the state to further the following goals: (a) Provision of financial assistance to coastal counties and cities affected by federal and state offshore energy development. (b) Assistance to local governments to exercise their responsibility for improving the management of the state's coastal resources.