§ 4008. — Establishment of Fisheries Promotional Fund.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC4008]
TITLE 16--CONSERVATION
CHAPTER 60--FISH AND SEAFOOD PROMOTION
Sec. 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.
(Pub. L. 99-659, title II, Sec. 209, Nov. 14, 1986, 100 Stat. 3720; Pub.
L. 101-627, title VII, Sec. 702, Nov. 28, 1990, 104 Stat. 4463.)
Codification
Section 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.
Amendments
1990--Subsec. (d). Pub. L. 101-627 substituted ``1991'' for
``1990''.
Section Referred to in Other Sections
This section is referred to in section 4003 of this title; title 15
section 713c-3.
