Title 16 — ConservationRelease 119-73not60
§7506 Annual Report
Title 16 › Chapter 94— NATIONAL OCEANS AND COASTAL SECURITY › § 7506
Summary
Unless subsection (c) says otherwise, the Foundation must send a report, starting with fiscal year 2017, to the Senate Committee on Commerce, Science, and Transportation and the House Committee on Natural Resources within 60 days after each fiscal year ends. Each yearly report must list receipts (with sources), expenditures and investments; show deposits and the year-end balance; and describe what the money was spent on and why.
Full Legal Text
Title 16, §7506
Conservation — Source: USLM XML via OLRC
(a)Subject to subsection (c),11 So in original. beginning with fiscal year 2017, not later than 60 days after the end of each fiscal year, the Foundation shall submit to the Committee on Commerce, Science, and Transportation of the Senate and the Committee on Natural Resources of the House of Representatives a report on the operation of the Fund during that fiscal year.
(b)Each annual report submitted under subsection (a) for a fiscal year shall include—
(1)a full and complete statement of the receipts, including the source of all receipts, expenditures, and investments of the Fund;
(2)a statement of the amounts deposited in the Fund and the balance remaining in the Fund at the end of the fiscal year; and
(3)a description of the expenditures made from the Fund for the fiscal year, including the purpose of the expenditures.
Reference
Citations & Metadata
Citation
16 U.S.C. § 7506
Title 16 — Conservation
Last Updated
Apr 5, 2026
Release point: 119-73not60