Posted on August 6, 2025
Santa Cruz, CA – U.S. Representative Jimmy Panetta (CA-19) announced that the Santa Cruz Port District and the U.S. Army Corps of Engineers (USACE) have officially executed a renewed Memorandum of Agreement (MOA) that will permanently ensure the annual dredging of the Santa Cruz Harbor. This agreement marks the culmination of four years of persistent negotiation and advocacy, and it guarantees a long-term, cost-sharing partnership to maintain a safe and navigable channel.
“For years, the Santa Cruz Harbor faced uncertainty over the long-term stability of its federal dredging support, putting local safety, jobs, and maritime access at risk,” said Rep. Panetta. “This renewed agreement provides a permanent, cost-sharing solution that ensures the harbor remains safe, navigable, and operational year-round. I’m proud to stand with our local leaders to ensure that the federal government deliver the resources for California’s 19th Congressional District.”
The MOA provides for an ongoing cost-sharing arrangement in which the U.S. Army Corps of Engineers will contribute 35 percent of the annual dredging expenses, ensuring stable federal support for harbor operations moving forward.
“The Santa Cruz Port District is grateful for the support provided by the U.S. Army Corps of Engineers to maintain a safe and navigable channel for the boating public,” said Toby Goddard, Chair of the Santa Cruz Port Commission. “Through this new cost-sharing agreement, the Port District will continue to perform annual dredging of the harbor entrance. The Army Corps will contribute 35 percent of the annual expense to operate and maintain the dredge. We are indebted to Congressman Panetta, who has worked diligently on behalf of the Port District to reach consensus, secure funding, and ensure continuing access to the waters of Monterey Bay.”
Santa Cruz Harbor plays a critical role on the Central Coast, supporting search and rescue missions, sustaining commercial and recreational boating, and serving as a harbor of refuge. It is home to charter and commercial fishing operations, the U.S. Coast Guard’s seasonal Station Santa Cruz, and educational and environmental programs that benefit the broader community.
This milestone agreement follows Rep. Panetta’s years-long engagement with the U.S. Army Corps of Engineers and the Office of Management and Budget, including formal requests for continued federal funding and robust engagement throughout the FY25 Work Plan process.
See the full release here.
Jimmy Panetta Net Worth
Quiver Quantitative estimates that Jimmy Panetta is worth $398.5K, as of August 5th, 2025. This is the 372nd highest net worth in Congress, per our live estimates.
Panetta has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Jimmy Panetta’s net worth on Quiver Quantitative’s politician page for Panetta.
Jimmy Panetta Bill Proposals
Here are some bills which have recently been proposed by Jimmy Panetta:
- H.R.4817: To amend the Immigration and Nationality Act to eliminate the annual numerical limitation on visas for certain immigrants, to require the Secretary of Homeland Security to grant work authorization to certain immigrants with a pending application for nonimmigrant status under such Act, and for other purposes.
- H.R.4717: To amend the Internal Revenue Code of 1986 to provide for a first-time homebuyer credit, and for other purposes.
- H.R.4610: To require the Secretary of State to develop a strategy and convene a summit regarding technological and business development in Africa, and for other purposes.
- H.R.4288: To name the Department of Veterans Affairs community-based outpatient clinic in San Jose, California, as the “Corporal Patrick D. Tillman VA Clinic”.
- H.R.4062: MONARCH Act of 2025
- H.R.3990: To provide Medicaid assistance to individuals and families affected by a disaster or emergency, and for other purposes.
You can track bills proposed by Jimmy Panetta on Quiver Quantitative’s politician page for Panetta.
Jimmy Panetta Fundraising
Jimmy Panetta recently disclosed $497.2K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 155th most from all Q2 reports we have seen this year. 44.5% came from individual donors.
Panetta disclosed $163.2K of spending. This was the 338th most from all Q2 reports we have seen from politicians so far this year.
Panetta disclosed $4.2M of cash on hand at the end of the filing period. This was the 56th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Jimmy Panetta’s fundraising on Quiver Quantitative.
