I 
119TH CONGRESS 
2D SESSION 
H. R. 7459 
To establish the Coastal Storm Risk Management Trust Fund and authorize 
the use of amounts in such Fund for coastal storm risk management 
activities of the Corps of Engineers, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 10, 2026 
Mr. VAN DREW (for himself and Ms. GILLEN) introduced the following bill; 
which was referred to the Committee on Transportation and Infrastruc-
ture, and in addition to the Committees on Natural Resources, and the 
Budget, for a period to be subsequently determined by the Speaker, in 
each case for consideration of such provisions as fall within the jurisdic-
tion of the committee concerned 
A BILL 
To establish the Coastal Storm Risk Management Trust 
Fund and authorize the use of amounts in such Fund 
for coastal storm risk management activities of the Corps 
of Engineers, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Coastal Trust Fund 
Act’’. 
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SEC. 2. COASTAL STORM RISK MANAGEMENT TRUST FUND. 
(a) ESTABLISHMENT.—There is established in the 
Treasury of the United States a trust fund to be known 
as the ‘‘Coastal Storm Risk Management Trust Fund’’, 
consisting of amounts credited to the Fund as provided 
in this section. 
(b) DEPOSITS.—There shall be credited to the 
Fund— 
(1) $1,000,000,000 for each fiscal year, derived 
from available revenues received by the United 
States from bonuses, rentals, royalties, fees, and 
other receipts due and payable to the United States 
for deposit in the Treasury as miscellaneous receipts 
under the Outer Continental Shelf Lands Act (43 
U.S.C. 1331 et seq.); and 
(2) all amounts earned on investments of the 
Fund under subsection (d)(2). 
(c) AVAILABILITY.—Amounts in the Fund shall be 
available for obligation and expenditure only as provided 
in section 3 of this Act and shall remain available until 
expended. 
(d) OTHER RULES.— 
(1) ADMINISTRATION.—The Fund shall be ad-
ministered by the Secretary of the Treasury, who 
shall determine and certify quarterly the amounts 
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required to be credited to the Fund under subsection 
(b). 
(2) INVESTMENT.—The Secretary of the Treas-
ury shall invest such portion of the Fund as is not, 
in the judgment of the Secretary, required to meet 
current withdrawals. Such investments may be made 
only in interest-bearing obligations of the United 
States or in obligations guaranteed as to principal 
and interest by the United States. The interest on, 
and the proceeds from the sale or redemption of, any 
such obligations shall be credited to and form part 
of the Fund. 
(3) CERTAIN
AMOUNTS
OTHERWISE
MADE 
AVAILABLE HELD HARMLESS.—Nothing in this sec-
tion shall be construed to reduce or otherwise af-
fect— 
(A) the amounts deposited in the Land 
and Water Conservation Fund under section 
200302 of title 54, United States Code; and 
(B) amounts made available under section 
105(a)(2) of the Gulf of Mexico Energy Secu-
rity Act of 2006 (43 U.S.C. 1331 note). 
(4) TERMINATION.—Upon termination of the 
Fund, any unobligated balances remaining therein 
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shall be transferred to the general fund of the 
Treasury. 
SEC. 3. AVAILABILITY AND USE OF FUNDS. 
(a) AVAILABILITY.—To the extent amounts are made 
available in advance in appropriations Acts, amounts in 
the Coastal Storm Risk Management Trust Fund shall be 
available to the Secretary for obligation and expenditure 
for the Federal share of the costs of construction, oper-
ation, maintenance, repair, rehabilitation, and periodic 
nourishment of coastal storm risk management projects. 
(b) ANNUAL BUDGET REQUEST.—The Secretary’s 
budget submission to the Office of Management and 
Budget for any fiscal year shall be equal to the total 
amount projected to be in the Fund at the beginning of 
such fiscal year. 
(c) ANNUAL REPORT.—Not later than 60 days after 
the end of each fiscal year, the Secretary shall submit to 
the Committee on Transportation and Infrastructure of 
the House of Representatives and the Committee on Envi-
ronment and Public Works of the Senate a report describ-
ing— 
(1) the total amounts made available from the 
Fund under this section for that fiscal year; 
(2) the coastal storm risk management projects 
for which amounts were obligated or expended; and 
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SEC. 4. BUDGETARY TREATMENT EXPANSION AND ADJUST-
MENT FOR THE COASTAL STORM RISK MAN-
AGEMENT TRUST FUND. 
Section 251(b)(2) of the Balanced Budget and Emer-
gency Deficit Control Act of 1985 (2 U.S.C. 901(b)(2)) 
is amended by adding at the end the following: 
‘‘(H) COASTAL STORM RISK MANAGEMENT 
PROJECTS.—If, for any fiscal year, appropria-
tions for the Construction, Mississippi River 
and Tributaries, and Operation and Mainte-
nance accounts of the Corps of Engineers are 
enacted that are derived from the Coastal 
Storm Risk Management Trust Fund estab-
lished under section 2 of the Coastal Trust 
Fund Act and that the Congress designates in 
statute as being for coastal storm risk manage-
ment projects (as defined in section 3 of such 
Act), then the adjustment for that fiscal year 
shall be the total of such appropriations that 
are derived from such Fund and so des-
ignated.’’. 
Æ 
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