This bill proposes an amendment to Article VII, Section 10.2(E)(1) of the Louisiana Constitution, specifically regarding the management of federal revenues derived from alternative energy production on the Outer Continental Shelf. The amendment aims to expand the types of energy sources included in the revenue provisions by adding wind energy, solar energy, tidal energy, wave energy, geothermal energy, and other alternative or renewable energy sources. The bill stipulates that these federal revenues, once received by the state, must be deposited into the Coastal Protection and Restoration Fund.

The proposed amendment will be presented to the voters of Louisiana during the statewide election scheduled for November 5, 2024. The ballot will include a proposition asking electors whether they support the amendment to ensure that federal revenues from Outer Continental Shelf alternative or renewable energy production are allocated to the Coastal Protection and Restoration Fund.