§1891 — Title 16 Conservation | U.S. Code

Summary

The Secretary of Commerce must work with the Small Business Administration and other federal agencies to create loans, grants, or other tools that encourage U.S. investment in seafood processing plants located in the United States. The goal is to help fisheries that do not have enough processing capacity to handle fish caught by U.S. vessels under the Magnuson‑Stevens Fishery Conservation and Management Act.

Title 16, §1891

Conservation — Source: USLM XML via OLRC

The Secretary of Commerce shall work with the Small Business Administration and other Federal agencies to develop financial and other mechanisms to encourage United States investment in seafood processing facilities in the United States for fisheries that lack capacity needed to process fish harvested by United States vessels in compliance with the Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C. 1801 et seq.).

Notes & Related Subsidiaries

Editorial Notes

References in Text

The Magnuson-Stevens Fishery Conservation and Management Act, referred to in text, is Pub. L. 94–265, Apr. 13, 1976, 90 Stat. 331, which is classified principally to this chapter. For complete classification of this Act to the Code, see

Short Title

note set out under section 1801 of this title and Tables. Codification Section was enacted as part of the Magnuson-Stevens Fishery Conservation and Management Reauthorization Act of 2006, and not as part of the Magnuson-Stevens Fishery Conservation and Management Act which comprises this chapter.

§1891 Investment in United States Seafood Processing Facilities