Coastal Zone Environment Act

[AI summary unavailable — showing source text] Coastal Zone Environment Act - Provides, under the Coastal Zone Management Act, that any applicant for a required license, lease, or permit for the development or production of energy resources in a coastal zone shall certify that the proposed activity complies with any approved State management program. Establishes in the Department of the Treasury the Coastal Impact Fund. Authorizes the Secretary of Commerce to make 100 percent annual grants from the Fund to those coastal States which the Secretary determines are likely to be significantly or adversely impacted by the development of energy resources by the siting of energy facilities. Directs the Secretary to establish requirements for grant eligibility and lists circumstances under which the regulations shall provide that a State is eligible. States that the authorization of Congress is given two or more States to negotiate and enter into interstate agreements for the purpose of study, planning, and implementation of unified coastal zone policies for the coordination of sucb policies. Authorizes the Secretary to make annual grants for such purpose, provided they do not exceed 90 percent of the cost. Authorizes the Secretary to p…