Mississippi's share of a settlement from a minority partner in BP's blown-out well in the Gulf of Mexico will go into the state's Pollution Emergency Fund.
The Mississippi Department of Environmental Quality supervises the fund.
Attorney General Jim Hood said in a news release Tuesday that MOEX Offshore will spend another $5 million in Mississippi on coastal protection projects.
The agreement, filed last week in federal court in New Orleans, calls for MOEX to pay $45 million in civil penalties to the federal government and $25 million to the Gulf states affected by the spill. The company also agreed to pay $20 million for coastal protection projects in those Gulf states.
In Other News: Law "Enforcer" Eric Holder Understands People's Mistrust of Law Enforcement | Michael Schaus
In Other News: Good News for Mexican Drug Cartels Seeking Some Slightly Used DOJ Hard Drives | Michael Schaus