# Gulf Coast Restoration Trust Fund
> **Treasury** · Final rule. · Published 2019-04-03 · Effective 2019-05-03 · 84 FR 12929
## Document
- **Document number:** 2019-06404
- **Category:** other
- **Sub-agency:** Treasury
- **Federal Register citation:** 84 FR 12929
- **CFR reference:** 31 CFR 34
- **Publication date:** 2019-04-03
- **Effective date:** 2019-05-03
## Abstract

The Department of the Treasury (Treasury) is issuing a final rule to revise the method by which the statutory three percent limitation on administrative costs (referred to throughout this notice as the "three percent administrative cost cap") is applied under the Direct Component, Comprehensive Plan Component, and Spill Impact Component under the Resources and Ecosystem Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act of 2012, (RESTORE Act or Act). This revision will help ensure that the Gulf Coast States and localities have the necessary funding to efficiently and effectively oversee and manage projects and programs for ecological and economic restoration of the Gulf Coast Region while ensuring compliance with the statutory three percent administrative cost cap.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2019/04/03/2019-06404/gulf-coast-restoration-trust-fund)
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