605 



3 



1 " (4) Any applicant for a required license, lease, or 



2 permit for development or production of energy resources or 



3 for the siting of energy facilities to be located in or which 



4 would directly or indirectly afifect the coastal zone shall certify 



5 that the proposed activity complies with, and will be con- 



6 ducted in a manner consistent with any approved State 



7 management program and in accordance with the procedures 



8 for assuring the consistency of Federal activities with ap- 



9 proved State management programs pursuant to paragraph 



10 (3) of this section." 



11 Sec. 4. The Coastal Zone Management Act of 1972 



12 (16 U.S.C. 1451 et seq.) is amended by (1) redesignating 



13 sections 308 through 315 thereof as sections 311 through 



14 318 thereof, respectively; and (2) inserting therein the 



15 following three new sections : 



16 "coastal impact fund 



17 "Sec. 308. (a) There is established in the Treasury of 



18 the United States the Coastal Impact Fund (hereinafter 



19 referred to as the 'Fund') . The Fund shall be administered 



20 by the Secretary. The Secretary is authorized to make 100 



21 per centum annual grants from the Fund to those coastal 



22 States which the Secretaiy determines are likely to be sig- 



23 nificantly and adversely impacted by the development or 



24 production of energy resources or by the siting of energy 



25 facilities to be located in or which would afifect, directly or 



