16 U.S.C. § 4008 : US Code - Section 4008: Establishment of Fisheries Promotional Fund

Search 16 U.S.C. § 4008 : US Code - Section 4008: Establishment of Fisheries Promotional Fund

(a) Establishment of Fund
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) Deposits
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) Deposits and investments
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) Authorization
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.