22 U.S.C. § 1979 : US Code - Section 1979: Fishermen's Protective Fund

Search 22 U.S.C. § 1979 : US Code - Section 1979: Fishermen's Protective Fund

There is created a Fishermen's Protective Fund which shall be
used by the Secretary of State to reimburse owners of vessels for
amounts determined and certified by him under section 1973 of this
title. The amount of any claim or portion thereof collected by the
Secretary of State from any foreign country pursuant to section
1975(a) of this title shall be deposited in the fund and shall be
available for the purpose of reimbursing vessel owners under
section 1973 of this title; except that if a transfer to the fund
was made pursuant to section 1975(b)(1) of this title with respect
to any such claim, an amount from the fund equal to the amount so
collected shall be covered into the Treasury as miscellaneous
receipts. There is authorized to be appropriated to the fund (1)
the sum of $3,000,000 to provide initial capital, and (2) such
additional sums as may be necessary from time to time to supplement
the fund in order to meet the requirements of the fund.