St. Mary to get $1.7M in energy revenue sharing
St. Mary is in line for more than $1.7 million as its share of a federal energy revenue-sharing program, U.S. Rep. Clay Higgins announced Wednesday.
The money is part of $460.0 million in energy revenue headed to the Gulf states, including $203.7 million for Louisiana.
Higgins voted for The Working Families Tax Cut, which included language to raise the annual Gulf of Mexico Energy Security Act revenue-sharing cap to $650 million from $500 million. The move increased Louisiana’s share by $47 million over the fiscal 2025 total.
“My office has long-supported GOMESA and worked with other members of the Louisiana delegation to expand revenue-sharing for our state. The program is a crucial funding mechanism for coastal restoration and mitigation efforts,” Higgins said.
“Because of the Working Families Tax Cut, Louisiana is seeing a record distribution of offshore energy revenues to be invested back into our coastal communities.”
The state will administer $162,989,700.89, and additional funds will be distributed across 19 parishes.
Parishes in Louisiana’s 3rd District will receive the following disbursements:
•Calcasieu Parish, $2,204,702.91
•Cameron Parish, $2,730,987.49
•Iberia Parish, $2,107,679.60
•Lafourche Parish, $2,101,385.70
•St. Martin Parish, $1,503,086.07
•St. Mary Parish, $1,747,773.68
•Terrebonne Parish, $3,073,801.57
•Vermilion Parish, $2,100,436.77
