Creates a Coastal and Estuarine Resilience and Restoration Program run by the Secretary to protect and restore coastal/estuarine areas and to restore developed or degraded property to a natural state.
Allows qualified non-governmental organizations to receive grants to acquire property, subject to documentation, public-access or restricted-access requirements, and deed transfer provisions if the organization becomes nonviable.
Adds priority criteria emphasizing benefits to under-resourced communities and climate-change mitigation, including carbon storage and shoreline migration space.
Directs the Secretary to initiate designation of at least 5 new National Estuarine Research Reserves within 5 years and to complete designation of at least 5 within 8 years, plus annual reporting to Congress.
Authorizes $47,000,000 per year for grants under section 315 for fiscal years 2025 through 2029.
No hearings or votes scheduled.