To direct the Secretary of Commerce to establish a grant program to support the restoration of coral reefs in South Florida.

HR 7973 establishes a $5 million annual grant program (2024-2028) through the Commerce Secretary to fund coral reef restoration in South Florida. It directly supports eligible entities like states, local governments, 501(c)(3) nonprofits, and Mote Marine Laboratory to carry out restoration activities - such as growing new coral and relocating fragments - or reimburse past work done within the last five years. Grants are capped at $1 million per entity annually, with funding limited to specific South Florida areas including coastal waters and the Florida Reef Tract. The bill provides concrete federal funding for hands-on reef recovery efforts without altering existing regulations or creating new mandates.