As Florida’s Chief Financial Officer, I am committed to ensuring that every citizen and every business negatively affected by the Deepwater Horizon oil spill are made whole. While the stories have dropped from the headlines,
I am well aware that real struggles continue, and I am determined to ensure every legitimate claim gets paid and every community is
Even for those of you who have accepted final payment from the Gulf Coast Claims Facility (GCCF), I know that does not mean your challenges are over. Many Floridians are facing economic challenges today, that's why I launched
Your Money Matter$, a financial education initiative that aims to teach Floridians of all ages how to
make the most out of their money, and for small businesses how to strengthen and grow their enterprises.
My Department has been involved from the beginning and understands that oil spill victims are not asking for a handout, only what they are due. When that happens,
only then can we declare an end to the oil spill.
Most recent developments in the Deepwater Horizon Oil Spill
BP Oil Spill Settlement Amount Finalized, Rises to More Than $20B
October 6, 2015 The value of BP Plc's settlement with the U.S. government and five Gulf states over the Deepwater Horizon oil spill rose to $20.8 billion in the latest tally of costs from the U.S. Department of Justice.
The settlement is the largest in the department's history and resolves the government's civil claims under the Clean Water Act and Oil Pollution Act, as well as economic damage claims from regional authorities, according to a U.S. Justice Department statement Monday.
For additional details you may read the full article at
Florida to receive $3.25B from gulf states' Deepwater Horizon settlement with BP
July 2, 2015 Five years after oil from the Deepwater Horizon disaster tainted the Panhandle's sugar-white beaches, petroleum giant BP agreed to an $18.7 billion settlement with Florida, four other gulf states and the federal government.
Florida's share could be more than $3.25 billion, paid out over 18 years.
Of the amount going to Florida, $2 billion is for the state's economic losses, primarily from tourism and the seafood industry.
For additional details you may read the full article at http://www.tampabay.com/.