1059 



"(4) grants^ under subsection (5), to coastal states for the 

 purposes set forth in subsection (b) (4) with respect to conse- 

 quences resulting from the energy activities specified, thereini 



"(^) grants^ under subsection (c), to coastal states for study 

 of, and planning for^ consequences relating to new or expandecl 

 energy facilities in^ or ichich significantly affect^ the coasted zone,' 

 "(6^) loans, iinder subsection (d) (7), to coastal states and unites 

 of general purpose local government to assist such states and units 

 to provide new or improved public facilities or public services 

 which are required as a result of coasted energy activity ; 



"(Z>) guarantees^ under subsection (d) (2) and. subject to the 

 provisions of subsection (/) , of bomis or other evidences of indebt- 

 edness issued by coastal states and units of general purpose local 

 government for the purpose of providing new or itnproved public 

 facilities or public services which are required as a, result of 

 coastal energy activity ; 



"(j^") grants or other assistance^ under subsection (d)(3), to 

 coastal states and units of general purpose local government to 

 enable such states and units to meet obligations under loans or 

 guarantees under subsection (d) (1) or (2) which they are unable 

 to meet as they mature, for reasons specified in subsection (d) (3) ; 

 amd 



"(/^) grants, under subsection (d) (4), to coastal states which 

 have suffered, are suffering, or will suffer any unavoidable loss of 

 a valuable environmental or recreational resource; 

 shall be provided, administered, and coordinated by the Secretary in 

 accordance with the provisions of this section and under the ndes and 

 7'egidations required to be promulgated pursuant to paragraph {2). 

 Any such financial assistance shall be subject to audit under section 

 313. 



"(^) The Secretary shall promulgate, in accordance with section 

 317, sueh rules and regulations (including, but not limited to, those 

 required under subsection, (e)) as may be necessary and appropHate 

 to carry out the provisions of this section. 



" ( 6 ) (1) The Secretary sh all malce gran ts ann ually to coastal states, 

 in accordance with the prorisions of this subsection. 



"(^) The amounts granted to coastal states under this subsection 

 shall be, with respect to any such state for any fiscal year, the suin, of 

 the amounts calculated, 'with respect to such state, pursuant to sub- 

 paragraphs [A], (II), (C),and (D) : 



"(.4) An amount which bears, to one-third of the amount ap- 

 propriated for the purpose of funding grants under this subsection 

 for such fiscal year, the same ratio that the amount of order 

 Continental Shelf acreage which is adjacent to such state and 

 which is newly leased by the Federal Government in the immedi- 

 ately preceding fiscal year bears to the total amount of outer 

 Continental Shelf acreage which is newly leased by the Federal 

 Government in such preceding year. 



"(^) An amount ivhich bears, to one-si.rth of the amount ap- 

 propriated for such purpose for such fiscal year, the same ratio 

 that the volume of oil and natural gas produced in the immediately 

 preceding fiscal year from the outer Continental Shelf aereage 

 which is adjacent to such state and tvhich is leased by the Federal 



