A bill to amend section 4 of the Fish and Wildlife Act of 1965, to provide short-term relief to those portions of the fishing industry which have suffered economic dislocation.

Summary

Provides, under the Fish and Wildlife Act of 1965, that when there is a major economic dislocation in a major segment of the commercial fisheries industry, the Secretary of Commerce shall, upon request, prepare and submit to Congress a report on the dislocation stating, among other specified items, his determination regarding the need for working capital and mortgage refinancing loans. Enumerates the circumstances under which such loans shall be made and their conditions. Authorizes the Secretary of Commerce to borrow, interest free, from the Secretary of the Treasury up to $100,000,000 for payment to the fisheries loan fund. Authorizes to be appropriated such funds as necessary to carry out specified provisions of this Act. (Adds 16 U.S.C. 742 (c)(f) (1)).

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Timeline

1. 9 April 1975

   Introduced

   Referred to House Committee on Merchant Marine and Fisheries.

   Source: IntroReferral

2. 9 April 1975

   Introduced

   Introduced in House

   Source: IntroReferral

3. 9 April 1975

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 9 April 1975

  Open at official source

Sponsors

• Rep. Breaux, John B. [D-LA-7] · D · Sponsor
• DON YOUNG · R · Cosponsor
• · hsmm00 · Standing

Related records

• related to → A bill to amend section 4 of the Fish and Wildlife Act of 1965, to provide short-term relief to those portions of the fishing industry which have suffered economic dislocation.