Title 16 — ConservationRelease 119-73

§2807 Capital requirements for aquaculture

Title 16 › Chapter CHAPTER 48— - NATIONAL AQUACULTURE POLICY, PLANNING, AND DEVELOPMENT › § 2807

Last updated Apr 6, 2026|Official source

Summary

Within twelve months after September 26, 1980, the Secretaries, working through the coordinating group, must study the capital needs of the U.S. aquaculture industry. The study must describe money or loan barriers that slow aquaculture and check how federal financial help could fill gaps left by normal lenders. Within six months after the study is finished, the Secretaries must make a plan saying what federal actions are needed to meet unmet financial needs and any recommended changes in law, and send that plan to Congress.

Full Legal Text

Title 16, §2807

Conservation — Source: USLM XML via OLRC

(a)The Secretaries, through the coordinating group, shall conduct within twelve months after September 26, 1980, a study of the capital requirements of the United States aquaculture industry. The study shall—

(1)document and analyze any capital constraints that affect the development of aquaculture in the United States; and

(2)evaluate the role that appropriate Federal financial assistance does or could play in filling gaps in the normal credit market with respect to aquaculture.

(b)Based on the results of the Capital Requirements Study conducted under subsection (a), and within six months of the completion of the study, the Secretaries shall formulate a plan for acting on the study’s findings. The plan shall include: (1) those Federal actions, if any, found to be necessary to meet financial needs unmet through normal credit channels and existing Federal programs; and (2) recommendations, if any, for legislative actions. Upon completion, the plan shall be submitted to Congress.

Reference

Citations & Metadata

Citation

16 U.S.C. § 2807

Title 16 — Conservation

Last Updated

Apr 6, 2026

Release point: 119-73