§ 650. — El Ninorelated ocean conditions; disaster loan assistance to small business concerns in fishing industry.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC650]
TITLE 15--COMMERCE AND TRADE
CHAPTER 14A--AID TO SMALL BUSINESS
Sec. 650. El Nino-related ocean conditions; disaster loan
assistance to small business concerns in fishing industry
Notwithstanding any other provision of law, rule, or regulations,
for purposes of section 636(b) of this title, the Administrator shall,
with respect to small business concerns involved in the fishing
industry, treat the recent El Nino-related ocean conditions as a
disaster under such subsection:
(1) disaster loan assistance shall be provided to the fishing
industry pursuant to paragraph (2) of such section--
(A) the term ``recent El Nino-related ocean conditions''
means the ocean conditions (including high water temperatures,
scarcity of prey, and absence of normal upwellings) which
occurred in the eastern Pacific Ocean off the west coast of the
North American Continent during the period beginning with June
1982 and ending at the close of December 1983, and which
resulted from the climatic conditions occurring in the
Equatorial Pacific during 1982 and 1983;
(B) the term ``fishing industry'' means any trade or
business involved in (i) the catching, taking, or harvesting of
fish (whether or not sold on a commercial basis), (ii) any
operation at sea or on land, in preparation for, or
substantially dependent upon, the catching, taking, or
harvesting of fish, and (iii) the processing or canning of fish
(including storage, refrigeration and transportation of fish
before processing or canning); and
(C) the term ``fish'' means finfish, mollusks, crustaceans,
and all other forms of marine animal and plant life other than
marine mammals and birds; and
(2) for purposes of paragraphs (2) through (4) of section 636(b)
of this title, eligibility of individual applicants shall not in any
way be dependent upon the number of disaster victims in any county
or other political subdivision.
(Pub. L. 85-536, Sec. 2[23], as added Pub. L. 98-473, title I,
Sec. 111A(a), Oct. 12, 1984, 98 Stat. 1965.)
Prior Provisions
A prior section 650, acts July 30, 1953, ch. 282, title II,
Sec. 221, 67 Stat. 240; June 30, 1955, ch. 251, Sec. 4, 69 Stat. 225;
Aug. 9, 1955, ch. 628, Sec. 13, 69 Stat. 551; Pub. L. 85-120, Sec. 2,
Aug. 3, 1957, 71 Stat. 341, provided for a termination date of the Small
Business Act of 1953, and was omitted from the general revision by Pub.
L. 85-536. See Codification note set out under section 631 of this
title.