769 



43 



to other agencies for the desired assistance within their areas of exper- 

 tise should be one of the first orders of business. 



Section 308(f) provides that a coastal State, with the approval of 

 the Secretary (NOAA) may allocate all or a portion of any grant or 

 loan received under this section to (1) local government, (2) an area- 

 wide agency designated under section 204 of the Demonstration Cities 

 and Metropolitan Development Act of 1966, (3) a regional agency or, 

 (4) an interstate agency. This provision is similar to that already 

 provided in section 305 (f) of the CZM Act. 



Section 308(g) provides that grants and loans under this section 

 may be provided to States which have experienced net adverse im- 

 pacts prior to the date of enactment of the bill. A 5-year limit is placed 

 on the operation of this subsection. This 5 years is believed by the 

 Committee to constitute the broadest possible latitude which can be 

 permitted and it further believes that the coastal States will request 

 these fmids much sooner than that. The Committee expects the regula- 

 tions for other loans and grants to establish reasonable periods for 

 the submission of requests for such other grants and loans. The Com- 

 mittee further notes that this provision in no way relieves the coastal 

 States from establishing the validity of their requests. 



Section 308(h) establishes the ''Coastal Energy Facility Impact 

 Fund." Moneys for this fund shall be those moneys appropriated to 

 the Secretary of Commerce (NOAA) for that purpose. The fund is 

 to be administered and used by him as a revolving fund and adminis- 

 trative expenses of section 308 may be changed thereto. Moneys in the 

 fund may be deposited to interest-bearing accounts or invested in 

 U.S. guaranteed bonds or other obligations. 



Money returned from States originally paid from the fund shall be 

 redeposited to this fund. 



Section 308 (i) provides that in calculating the amount of a grant 

 or loan under this section adequate consideration shall be given to 

 reconmiendations of a ''Coastal Impact Review Board" which is estab- 

 lished by this subsection. Members are appointed as follows : two by 

 the Secretary of Commerce (NOAA) , one by the Secretary of Interior, 

 two by the President of the United States from a list of at least six 

 candidates submitted by the president of the National Governor's 

 Conference. The board shall also make recommendations to the Secre- 

 tary of Commerce (NOAA) with respect to the actual amount of 

 grants and loans under this section. The regulations of the Secretary 

 under this section shall incorporate, and make provisions for use of, 

 this review board, including its internal procedures. This review 

 board is intended to be an additional means of assisting the Secretary 

 (NOAA) in making the determinations referred to and its recom- 

 mendations shall not be binding on the Secretary (NOAA). 



This review board will be deemeri to be within the purview of the 

 Advisory Committee Act, the provisions of which shall apply except 

 as may be inconsistent witli provisions of the CZM Act as amended 

 or other applicable law. 



Section 308(j) specifies tliat nothing in section 308 shall be deemed 

 to modify, or abrogate the consistencv requirements of section 307 

 of the CZM Act. The Coiinnitfee particuhii'ly believed it necessary to 

 empliasize that intent at this point and has thus insei'ted this specific 

 provision although this intent applies to the entire bill. 



