Coral Reef Resource Conservation and Management Act of 1999

Coral Reef Resource Conservation and Management Act of 1999 - Requires the Secretary of the Interior to provide grants for coral reef conservation projects. Authorizes the awarding of grants to State natural resource management authorities with jurisdiction over coral reefs or whose activities affect coral reefs or to any educational or nongovernmental organization with demonstrated expertise in marine science or coral reef conservation.

Limits the Federal share of project costs to 75 percent. Waives the matching requirement if the cost of the project is $25,000 or less or the project is necessary to undertake planning and monitoring requirements for coral reef areas under specified Federal laws. Allocates 40 percent of grant awards for projects in the Pacific Ocean, 40 percent for projects in the Atlantic Ocean, Gulf of Mexico, and the Caribbean Sea, and the remainder for projects that address emergency priorities or threats.

Sets forth procedures for project review and approval.

Authorizes appropriations.