US HB2646 | 2013-2014 | 113th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 15-4)
Status: Introduced on July 10 2013 - 25% progression, died in chamber
Action: 2014-04-03 - Subcommittee Hearings Held.
Text: Latest bill text (Introduced) [PDF]

Summary

Revitalizing the Economy of Fisheries in the Pacific Act or the REFI Pacific Act - Directs the Secretary of Commerce (upon receipt of such assurances as the Secretary considers appropriate to protect the interests of the United States) to issue a loan to refinance the existing debt obligation funding the fishing capacity reduction program for the West Coast groundfish fishery implemented under the Department of Commerce and Related Agencies Appropriations Act, 2003. Requires such loan to have a maturity that expires 45 years after the date of issuance, subject to extension if there is an outstanding balance after such period. Prohibits the fee with respect to such loan from exceeding 3% of the ex-vessel value of the harvest from each fishery for which the loan is issued. Sets forth requirements for direct loan interest rates, subloans, and the calculation of the ex-vessel landing fee to be collected for payment of such loan.

Tracking Information

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Title

REFI Pacific Act

Sponsors


History

DateChamberAction
2014-04-03HouseSubcommittee Hearings Held.
2013-07-15HouseReferred to the Subcommittee on Fisheries, Wildlife, Oceans, and Insular Affairs.
2013-07-10HouseReferred to the House Committee on Natural Resources.

Same As/Similar To

SB1275 (Related) 2014-09-10 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 556.
HB4742 (Related) 2014-12-22 - Reported (Amended) by the Committee on Natural Resources. H. Rept. 113-711.

Subjects


US Congress State Sources


Bill Comments

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