16 U.S.C. § 4008

Current through P.L. 118-65 (published on www.congress.gov on 06/17/2024)

Section 4008 - Establishment of Fisheries Promotional Fund

(a) Establishment of Fund

There is established in the Treasury of the United States a Fisheries Promotional Fund. The Fund shall be available, to the extent provided for in appropriation Acts, for the purpose of making payments to carry out the annual marketing and promotion plan and annual budget of the National Council under this chapter.

(b) Deposits

There shall be deposited in the Fund-

(1) the moneys transferred to the Fund under section 713c-3(b)(2) of title 15;

(2) payments made voluntarily pursuant to section 4007 of this title; and

(3) receipts from investments made under subsection (c) of this section.

(c) Deposits and investments

Sums in the Fund that are not currently needed for the purposes of the Fund shall be kept on deposit in appropriate interest-bearing accounts that shall be established by the Secretary of the Treasury, or invested in obligations of, or guaranteed by, the United States. Any revenue accruing from such deposits and investments shall be deposited in the Fund.

(d) Authorization

There are authorized to be appropriated from the Fund, for the purposes of carrying out the annual marketing and promotion plan and annual budget of the National Council under this chapter, such sums as are deposited in the Fund under subsection (b) of this section in each fiscal year beginning in fiscal year 1987 through fiscal year 1991.

16 U.S.C. § 4008

Pub. L. 99-659, title II, §209, Nov. 14, 1986, 100 Stat. 3720; Pub. L. 101-627, title VII, §702, Nov. 28, 1990, 104 Stat. 4463.

EDITORIAL NOTES

CODIFICATIONSection is comprised of section 209 of Pub. L. 99-659. Subsec. (e) of section 209 of Pub. L. 99-659 amended section 713c-3 of Title 15, Commerce and Trade.

AMENDMENTS1990-Subsec. (d). Pub. L. 101-627 substituted "1991" for "1990".

Fund: "Fund" means the Fisheries Promotional Fund established in section 4008 of this title;
National Council: "National Council" means the National Fish and Seafood Promotional Council established in section 4004 of this title;
Secretary: "Secretary" means the Secretary of Commerce, or the Secretary's designee; and
United States: "United States" means the several States, the District of Columbia, Puerto Rico, the Virgin Islands, Guam, American Samoa, the Northern Mariana Islands and any other territory, possession, or commonwealth of the United States.
marketing and promotion: "marketing and promotion" means an activity aimed at encouraging the consumption of fish or fish products or expanding or maintaining commercial markets for fish or fish products;