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No rush to spend BP fine funds

No rush to spend BP fine funds

By: Magnolia Tribune - July 13, 2012

No rush to spend BP fine funds

ongress has cleared the path for the bulk of the penalties BP will pay to be handed over to the states harmed by the oil spill in the Gulf of Mexico. What remains unclear is what path Mississippi will take in spending that money.

Recently, Gov. Phil Bryant named a team “to develop recommendations on the best method for implementing” the RESTORE Act.

Bryant sees the next step as creating an advisory panel of elected officials on the Coast to help identify recovery priorities, which he said will focus on “seafood, tourism, economic recovery, ecosystem restoration, infrastructure, planning, workforce development and job creation.”

That’s a lot of territory.

The Sun Herald via the Hattiesburg American

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Magnolia Tribune

This article was produced by Y'all Politics staff.