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Title 16 — ConservationRelease 119-73not60

§4008 Establishment of Fisheries Promotional Fund

Title 16 › Chapter 60— FISH AND SEAFOOD PROMOTION › § 4008

Last updated Apr 5, 2026|Official source

Summary

Creates a Fisheries Promotional Fund in the U.S. Treasury to pay for the National Council’s yearly marketing and promotion plan and budget, when Congress provides the money. The Fund gets three kinds of deposits: money moved under section 713c–3(b)(2) of title 15, voluntary payments under section 4007 of this title, and earnings from investments. Money not needed right away must be kept in interest-bearing Treasury accounts or invested in U.S. obligations. Any interest or investment income goes back into the Fund. For fiscal years 1987 through 1991, amounts deposited under subsection (b) may be appropriated to carry out the Council’s annual plan and budget.

Full Legal Text

Title 16, §4008

Conservation — Source: USLM XML via OLRC

(a)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)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)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)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.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

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”.

Reference

Citations & Metadata

Citation

16 U.S.C. § 4008

Title 16 — Conservation

Last Updated

Apr 5, 2026

Release point: 119-73not60