Florida Getting at Least $3.25 Billion from BP Settlement

On Thursday, BP announced a settlement with the federal government and states impacted by the Deepwater Horizon oil spill in the Gulf in 2010. Gov. Rick Scott announced on Thursday that Florida will receive at least $3.25 billion, including $2 billion for economic damages and $680 million for natural resource damages. Florida is set to receive at least $572 million from the RESTORE Act with another $250 million headed to entities in the Sunshine State. 

“This agreement will help Florida implement key projects and invest in environmental priorities to keep our state beautiful,” Scott said on Thursday morning. “I want to thank Attorney General Pam Bondi, Florida Fish and Wildlife Conservation Commission Executive Director Nick Wiley and Department of Environmental Protection Secretary Jon Steverson for their hard work on this agreement with BP.”