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<bill bill-stage="Introduced-in-House" bill-type="olc" dms-id="H652E666E7A5540599B9B929DC513E720" public-private="public">
	<form>
		<distribution-code display="yes">I</distribution-code>
		<congress>112th CONGRESS</congress>
		<session>2d Session</session>
		<legis-num>H. R. 4208</legis-num>
		<current-chamber>IN THE HOUSE OF REPRESENTATIVES</current-chamber>
		<action>
			<action-date date="20120319">March 19, 2012</action-date>
			<action-desc><sponsor name-id="F000339">Mr. Frank of
			 Massachusetts</sponsor> (for himself, <cosponsor name-id="G000570">Mr.
			 Guinta</cosponsor>, <cosponsor name-id="M000133">Mr. Markey</cosponsor>,
			 <cosponsor name-id="T000266">Mr. Tierney</cosponsor>,
			 <cosponsor name-id="P000597">Ms. Pingree of Maine</cosponsor>,
			 <cosponsor name-id="L000562">Mr. Lynch</cosponsor>,
			 <cosponsor name-id="M001149">Mr. Michaud</cosponsor>,
			 <cosponsor name-id="C001069">Mr. Courtney</cosponsor>,
			 <cosponsor name-id="K000375">Mr. Keating</cosponsor>, and
			 <cosponsor name-id="B001242">Mr. Bishop of New York</cosponsor>) introduced the
			 following bill; which was referred to the <committee-name committee-id="HII00">Committee on Natural
			 Resources</committee-name></action-desc>
		</action>
		<legis-type>A BILL</legis-type>
		<official-title>To provide exclusive funding to support fisheries and the
		  communities that rely upon them, to clear unnecessary regulatory burdens and
		  streamline Federal fisheries management, and for other
		  purposes.</official-title>
	</form>
	<legis-body id="H2F53415846344883921EAD41F2F120D6" style="OLC">
		<section id="H7E58D430F774492DAFA83A28330C9812" section-type="section-one"><enum>1.</enum><header>Short title</header><text display-inline="no-display-inline">This Act may be cited as the
			 <quote><short-title>Fisheries Investment and Regulatory
			 Relief Act of 2012</short-title></quote>.</text>
		</section><section id="HFB2FCFF7B1004236A055AF64C8CB4793"><enum>2.</enum><header>Definitions</header><text display-inline="no-display-inline">Section 2(a) of the Act of August 11, 1939
			 (commonly known as the <quote>Saltonstall-Kennedy Act</quote>) (15 U.S.C.
			 713c–3(a)), is amended—</text>
			<paragraph id="H8AD36C5E28B54BABBBDFD5A6F67C882E"><enum>(1)</enum><text>by redesignating
			 paragraph (1) as paragraph (2);</text>
			</paragraph><paragraph id="H07EF7FC3ED63480D9271CC60EBF92167"><enum>(2)</enum><text>by inserting
			 before paragraph (2), as redesignated, the following:</text>
				<quoted-block display-inline="no-display-inline" id="HCC45A6B283CE43A2AC993882D79DE8EC" style="OLC">
					<paragraph id="H25979834D7414400A9545809EB808CF8"><enum>(1)</enum><text>The term
				<term>fishery investment committee</term> means a committee of a regional
				fishery management council established under subsection
				(c)(1).</text>
					</paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
			</paragraph><paragraph id="H827A857377014E9D8F2978F49DCD04E7"><enum>(3)</enum><text>by redesignating
			 paragraphs (2), (3), (4), and (5) as paragraphs (4), (5), (6), and (7),
			 respectively;</text>
			</paragraph><paragraph id="H6249ACE6A17645EB8EC9E45D984CCB30"><enum>(4)</enum><text>by inserting
			 before paragraph (4), as redesignated, the following:</text>
				<quoted-block display-inline="no-display-inline" id="H6EFC64AC3BA74ADDA95A6EA24E8BDE51" style="OLC">
					<paragraph id="HBEDFC85082024EE098465A6FD1A7DB41"><enum>(3)</enum><text>The term
				<term>regional fishery investment plan</term> means a plan developed by a
				fishery investment committee under subsection
				(c)(2).</text>
					</paragraph><after-quoted-block>;
				and</after-quoted-block></quoted-block>
			</paragraph><paragraph id="H8C7768E3B22542EA8DBB657CEC75EEFE"><enum>(5)</enum><text>by adding at the
			 end the following:</text>
				<quoted-block display-inline="no-display-inline" id="H5D17AACDC77641179DF253BBE53C2E1C" style="OLC">
					<paragraph commented="no" id="H257CBDC96B0F4752ACDC910A8AD0626A"><enum>(8)</enum><text>The applicable
				definition under section 3 of the Magnuson-Stevens Fishery Conservation and
				Management Act (16 U.S.C. 1802), shall apply to any term used in this Act that
				is not defined under this
				subsection.</text>
					</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
			</paragraph></section><section id="HD86E0669D0E240C1AFA396EFE8B8BFAD"><enum>3.</enum><header>Regional
			 fisheries investment grant program</header>
			<subsection id="H83686D1E09544BC8A553B67518A0ACCE"><enum>(a)</enum><header>Regional
			 Fisheries Investment Grant Program and Fishery Investment
			 Plans</header><text>Section 2 of the Act of August 11, 1939 (commonly known as
			 the <quote>Saltonstall-Kennedy Act</quote>) (15 U.S.C. 713c–3), is amended by
			 amending subsection (c) to read as follows:</text>
				<quoted-block display-inline="no-display-inline" id="H63590BAEBE61428EAC4A53D7DA1C64B6" style="OLC">
					<subsection id="HDF56CB0CF6A64B12B538D7046A17D165"><enum>(c)</enum><header>Strengthening
				Regional Fisheries Management</header>
						<paragraph id="H98E878E39E4544FABDADF02F7B140B3D"><enum>(1)</enum><header>Fishery
				investment committees</header>
							<subparagraph id="H9797B8E01DC040D1BAB4D49E6EBDF8D5"><enum>(A)</enum><header>Establishment</header><text>Each
				Council shall establish and maintain, under the authority of section 302(g) of
				the Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C.
				1852(g)), a fishery investment committee. Each fishery investment committee
				shall be comprised of not more than 13 individuals.</text>
							</subparagraph><subparagraph id="H842FD313DDF541BFB4DAF250C737A5F9"><enum>(B)</enum><header>Authority</header><text>Each
				fishery investment committee shall—</text>
								<clause id="HE78FE76633254897AE633CEEFDE01E4A"><enum>(i)</enum><text>develop a regional
				fishery investment plan under subsection (c)(2);</text>
								</clause><clause id="H782B40CA12E04D2B9F248275EB56DE7D"><enum>(ii)</enum><text>review grant
				applications and projects to implement its regional fishery investment plan;
				and</text>
								</clause><clause id="H7F664D346C7947E69CDCAFFD469FB019"><enum>(iii)</enum><text>make
				recommendations, based on its findings, to the Council on grant applications
				and projects to implement its regional fishery investment plan.</text>
								</clause></subparagraph><subparagraph id="H3EE8BE28A9C049F8A3BB5A015D47E61A"><enum>(C)</enum><header>Membership</header>
								<clause id="HFC9A3722323444DAB2BB0D0C8D399BB4"><enum>(i)</enum><header>Qualifications</header><text>Each
				member of a fishery investment committee shall be an individual who, by reason
				of the individual's occupational experience or other experience, scientific
				expertise, or training, is knowledgeable of the conservation and management of,
				or the commercial or recreational catch of, the fishery resources of the
				geographical area concerned.</text>
								</clause><clause id="HBE627A2C538B4550A980853B5B7C621C"><enum>(ii)</enum><header>Nominations</header><text>Each
				member of a fishery investment committee—</text>
									<subclause id="H1FB635260E634A11A109E641218A5B6E"><enum>(I)</enum><text>shall be nominated
				and elected by the applicable Council during a public meeting of the
				Council;</text>
									</subclause><subclause id="HCF46C01C865B4029A58C05099BE10530"><enum>(II)</enum><text>shall serve for a
				3-year term; and</text>
									</subclause><subclause id="H3E1EE0509AA145DD9DD4CE1F842EA0C9"><enum>(III)</enum><text>may be
				re-elected for an additional 3-year consecutive term.</text>
									</subclause></clause><clause id="HEEB31D89E27A49E496E716879CA50F33"><enum>(iii)</enum><header>Conflicts of
				interest</header><text>A member of a fishery investment committee shall recuse
				himself or herself from considering any grant application that the member has a
				financial interest that would require disclosure under section 302(j)(2) of the
				Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C.
				1852(j)(2)).</text>
								</clause></subparagraph><subparagraph id="HD99DFCEF13814BF0AE98A6733DCE3F71"><enum>(D)</enum><header>Composition</header><text>Each
				fishery investment committee shall be multi-disciplinary, reflect the
				geographic balance of the Council, and include at least 1 representative
				of—</text>
								<clause id="HB998CB644F8D45B9BB8E241AC6D01113"><enum>(i)</enum><text>the commercial
				fishing community;</text>
								</clause><clause id="H06F2ADFBBDC940FC842FCB6A64A10006"><enum>(ii)</enum><text>the private
				recreational angling community;</text>
								</clause><clause id="H79E8A8A002F848C7BA21C53FA74A8F96"><enum>(iii)</enum><text>the for-profit
				charter fishing community;</text>
								</clause><clause id="HC6080FE130A446A58DA54A4FC0B3E927"><enum>(iv)</enum><text>the public
				interest in marine conservation who—</text>
									<subclause id="H7AA923B861164265B58569DD1ACD34AB"><enum>(I)</enum><text>does not derive an
				annual income from commercial or recreational fishing; and</text>
									</subclause><subclause id="H0176351D317F4FD78ED979480A379A48"><enum>(II)</enum><text>is not employed
				by any person who derives an annual income from commercial or recreational
				fishing;</text>
									</subclause></clause><clause id="HBB01324DE0E04E0C90BAC21F26431ED5"><enum>(v)</enum><text>each State
				government in the region;</text>
								</clause><clause id="H2C73BAFCE2D34B39BE0B666D6216C5D8"><enum>(vi)</enum><text>relevant
				interstate commissions;</text>
								</clause><clause id="H2B82A670537440AC844762D16FF3AC80"><enum>(vii)</enum><text>federally
				recognized tribes, where applicable; and</text>
								</clause><clause id="H27F5A4AC254D406189B1262F27CBF979"><enum>(viii)</enum><text>research
				institutions.</text>
								</clause></subparagraph></paragraph><paragraph id="H83067882F5D0421C86148B9BF52639DF"><enum>(2)</enum><header>Regional Fishery
				Investment Plans</header><text>Each fishery investment committee shall develop
				a regional fishery investment plan that identifies critical research,
				conservation, and management needs and corresponding actions to facilitate
				rebuilding and maintaining healthy fish populations and sustainable fisheries
				over a 5-year period. Each plan shall—</text>
							<subparagraph id="HF9DFD29AB1A04A2A8CE0E93D3E6E6A50"><enum>(A)</enum><text>be consistent with
				the current 5-year research priority plans developed under section 302(h)(7) of
				the Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C.
				1852(h)(7));</text>
							</subparagraph><subparagraph id="HF2495929722D4BCC858D08A146A48CCA"><enum>(B)</enum><text>include areas of
				investment that are critical for rebuilding and maintaining healthy United
				States fish populations and promoting sustainable fisheries, including—</text>
								<clause id="H3A8A01D6EE7047BF8A1AAEDD02B54BB3"><enum>(i)</enum><text>stock surveys,
				stock assessments and analysis, and cooperative fishery research, in
				conjunction with NOAA, involving fishery participants, academic institutions,
				and other interested parties;</text>
								</clause><clause id="H893FE518D0F14374839B8C880820B9B1"><enum>(ii)</enum><text>efforts to
				improve the collection and accuracy of fishery catch data, including—</text>
									<subclause id="H31D615D571924D36B56851C978B82450"><enum>(I)</enum><text>expanding the use
				of, and research and development on, catch monitoring and reporting programs
				and technology, both at-sea and shoreside, including the use of electronic
				monitoring devices and satellite tracking systems; and</text>
									</subclause><subclause id="HDECC9ABFA06448F3AD9E50076B0A9001"><enum>(II)</enum><text>improving data
				collection for recreational fisheries, including improvements to the Marine
				Recreational Fishery Statistics Survey in accordance with section 401(g)(3) of
				the Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C.
				1881(g)(3));</text>
									</subclause></clause><clause id="H5FF338047F6347D08C5B5FFB9841F730"><enum>(iii)</enum><text>analyzing the
				social and economic impacts of fishery management decisions;</text>
								</clause><clause id="H71D9CAB2202F4E798F37EE537113EB7C"><enum>(iv)</enum><text>providing
				financial assistance to, and investment in, fishermen and fishing communities
				through—</text>
									<subclause id="H5CE2E442F5F24F64A99DF96456B0960B"><enum>(I)</enum><text>fishing capacity
				reduction, including vessel, permit, and gear buybacks; and</text>
									</subclause><subclause id="H83D53343E2D9463DABB3416BDE2DBB92"><enum>(II)</enum><text>investment in
				permit banks or trusts and other entities, including community fishing
				associations and projects designed to help sustain fishery dependent
				communities and small-scale fisheries;</text>
									</subclause></clause><clause id="HD7BF0C2168DB4C44956DFB9036B3B3C5"><enum>(v)</enum><text>development of
				methods or technologies to improve the quality and value of fish landed;</text>
								</clause><clause id="H63F4EFF6316346188291B39F665CCB16"><enum>(vi)</enum><text>research and
				development of conservation engineering technologies and methods in both
				commercial and recreational fisheries; and</text>
								</clause><clause id="HD561288036E146A5843A893295A14061"><enum>(vii)</enum><text>habitat
				restoration and protection;</text>
								</clause></subparagraph><subparagraph id="HA89DA4F93C794C5CABC915F27EA3408A"><enum>(C)</enum><text>be revised by the
				regional fishery investment committee and approved by the Council at least once
				every 5 years;</text>
							</subparagraph><subparagraph id="H4A77511CD05B4392957A7B4E5AEB0463"><enum>(D)</enum><text>be submitted to
				the Secretary for review to ensure the plan is consistent with the requirements
				of the Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C. 1801
				et seq.), and this section;</text>
							</subparagraph><subparagraph id="H94CB18EE7DA94587B3616272916ECFC8"><enum>(E)</enum><text>be published in
				the Federal Register and made available for public comment; and</text>
							</subparagraph><subparagraph id="HA338F22406E549B8BA4CE00B8622A20B"><enum>(F)</enum><text>become effective
				not later than 60 days after the date of receipt unless the Secretary makes a
				negative consistency finding.</text>
							</subparagraph></paragraph><paragraph id="HF6F9F74EE779418BAF32D723B6F39610"><enum>(3)</enum><header>Negative
				consistency finding</header><text>If the Secretary makes a negative consistency
				finding under paragraph (2)(F), each portion of the plan that is the subject of
				the negative consistency finding shall not be effective until it is made
				consistent by the regional fishery investment committee and the Council.</text>
						</paragraph><paragraph id="H555C8CD43D934A2EB8D9731E690F1360"><enum>(4)</enum><header>Regional Fishery
				Investment Grant Program</header><text>Not later than 30 days after the date of
				enactment of the <short-title>Fisheries Investment and
				Regulatory Relief Act of 2012</short-title>, the Secretary shall establish an
				annual competitive grant program to provide funds for projects, activities, and
				research that advance the regional priorities that are included in the regional
				fishery investment plans.</text>
							<subparagraph id="HBA2E0D32C1C84A4D9C05E862BA326A70"><enum>(A)</enum><header>Eligible
				recipients</header><text>State, Federal, regional, or private entities or
				persons shall be eligible for funding with preference given to public-private
				partnerships.</text>
							</subparagraph><subparagraph id="HA153596EC2C0481AA5637EE2219C0D0A"><enum>(B)</enum><header>Awards</header><text>The
				Secretary may only award a grant for a project, activity, or research
				that—</text>
								<clause id="H60926A0B5ADA4CC788BBB8F4803EF5C5"><enum>(i)</enum><text>implements
				regional fishery investment plans; and</text>
								</clause><clause id="HB0BA2119331045039061F5CDC4ED96E3"><enum>(ii)</enum><text>has been
				recommended for funding by the respective regional fishery investment committee
				and approved by the
				Council.</text>
								</clause></subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
			</subsection><subsection id="H2AE9DE95DC994105B5CB15265E7B48DD"><enum>(b)</enum><header>National
			 Fisheries Investment Program</header><text>Section 2(d) of the Act of August
			 11, 1939 (commonly known as the <quote>Saltonstall-Kennedy Act</quote>) (15
			 U.S.C. 713c–3(d)), is amended—</text>
				<paragraph id="HACC3902277824C8AABEA1D19F287860C"><enum>(1)</enum><text>in paragraph (1),
			 by striking <quote>research and development addressed to such aspects of United
			 States fisheries (including, but not limited to, harvesting, processing,
			 marketing, and associated infrastructures) if not adequately covered by
			 projects assisted under subsection (c), as the Secretary deems
			 appropriate</quote> and inserting <quote>fisheries research and investment that
			 supports rebuilding and maintaining healthy United States fish populations and
			 promotes sustainable fisheries. The program shall address fisheries needs and
			 problems described under subsection (e)(1)(B).</quote>; and</text>
				</paragraph><paragraph id="H68A417AA564C47F6BD1B94C8CAFD319E"><enum>(2)</enum><text>in paragraph
			 (2)—</text>
					<subparagraph id="H9576D3B5BC09456599A29E7D693CA9FC"><enum>(A)</enum><text>by striking
			 <quote>, after consultation with appropriate representatives of the fishing
			 industry,</quote>;</text>
					</subparagraph><subparagraph id="HA6EB1A61F4E34C94BF67ACABCFF43DE9"><enum>(B)</enum><text>by striking
			 <quote>Merchant Marine and Fisheries</quote> and inserting <quote>Natural
			 Resources</quote>;</text>
					</subparagraph><subparagraph id="H1511FF8AB7CD4AF389D05EE24D57DBDF"><enum>(C)</enum><text>in subparagraph
			 (A), by striking <quote>development goals and funding priorities under
			 paragraph (1)</quote> and inserting <quote>investment
			 priorities</quote>;</text>
					</subparagraph><subparagraph id="H34872DBF37814629979532DF899F765C"><enum>(D)</enum><text>in subparagraph
			 (B), by striking <quote>all pending projects assisted under subsection
			 (c)</quote> and all that follows and inserting <quote>the projects funded by
			 the Secretary under this subsection; and</quote>; and</text>
					</subparagraph><subparagraph id="HEABFDF142F364A47AA5DD89FBE31D630"><enum>(E)</enum><text>in subparagraph
			 (C), by striking <quote>each project assisted</quote> and all that follows and
			 inserting <quote>how well the project met the fisheries needs described in
			 subsection (e)(1).</quote>.</text>
					</subparagraph></paragraph></subsection><subsection id="HCBFDF55FA2744FAF8FC3D82A8D56A258"><enum>(c)</enum><header>Division of
			 resources</header><text>Section 2(e) of the Act of August 11, 1939 (commonly
			 known as the <quote>Saltonstall-Kennedy Act</quote>) (15 U.S.C. 713c–3(e)), is
			 amended—</text>
				<paragraph id="HB757D675C71D4D1A906A256CE332E0CF"><enum>(1)</enum><text>by striking
			 <quote>moneys</quote> each place it appears and inserting
			 <quote>monies</quote>;</text>
				</paragraph><paragraph id="H491FC903683F4001965C466B29280258"><enum>(2)</enum><text>by striking
			 <quote>purpose of promoting</quote> and inserting <quote>purposes of investing
			 in</quote>;</text>
				</paragraph><paragraph id="HEDB8A19B7FC64CFAA30873B67B42F093"><enum>(3)</enum><text>by inserting
			 <quote>or diverted</quote> following <quote>shall be transferred</quote>;
			 and</text>
				</paragraph><paragraph id="H42A24C30A58A4D6E95D9131AD42C106C"><enum>(4)</enum><text>by striking
			 subparagraph (A) and all the follows, and inserting the following:</text>
					<quoted-block display-inline="no-display-inline" id="H7B8EEADB8EAB4BC48B048A16431F77FC" style="OLC">
						<subparagraph id="H4EC8F25B3DFF4786860C3EF189E688D7"><enum>(A)</enum><text>The Secretary
				shall allocate 70 percent of these funds available at the beginning of each
				fiscal year to the 8 Council regions and the Secretary in accordance with the
				following formula pursuant to subsection (c):</text>
							<clause id="HDD771A94712D4616B193E19F92ECEAFA"><enum>(i)</enum><text>One-half allocated
				equally among the Council regions.</text>
							</clause><clause id="HF370C928D9674BED989CBD446DBF669B"><enum>(ii)</enum><text>One-half
				allocated proportionally among the Council regions based on the combined
				economic impact of commercial landings and recreational fishing in each
				region.</text>
							</clause></subparagraph><subparagraph id="HA391CB3CE7B24084B6DAC03D9EF52A3F"><enum>(B)</enum><text>Twenty percent of
				these funds shall be available to the Secretary under subsection (d) for
				projects addressing fisheries needs and problems, as identified by the
				Secretary, as follows:</text>
							<clause id="H403D76333AB2480C94F3954FE8983B6E"><enum>(i)</enum><text>Up
				to one-fifth shall be allocated to, and apportioned as the Secretary deems
				appropriate among, the Atlantic States Marine Fisheries Commission, the Gulf
				States Marine Fisheries Commission, and the Pacific States Marine Fisheries
				Commission.</text>
							</clause><clause id="H126D5AC624994CF89FE469171A5A1DA3"><enum>(ii)</enum><text>Up to one-fifth
				shall be allocated to seafood promotion and sustainable certification
				efforts.</text>
							</clause><clause id="H69A58AFF6CCB43309F4E3D89DBC506D7"><enum>(iii)</enum><text>Up to one-fifth
				shall be allocated to improve fisheries’ management through research,
				monitoring or evaluation, and modification of regulations and
				procedures.</text>
							</clause><clause id="H1177EEDA6AEB48E5A79B635024B1F730"><enum>(iv)</enum><text>Up to one-fifth
				shall be allocated to fisheries’ disasters, and shoreside infrastructure and
				access needs.</text>
							</clause><clause id="H1021F0D4BD184030B2F9C931B0C8FEC2"><enum>(v)</enum><text>Up
				to one-fifth shall be allocated to other special needs, including management of
				highly migratory species and international fisheries.</text>
							</clause></subparagraph><subparagraph id="HDCC64BA988964128AA1696818DEB00F6"><enum>(C)</enum><text>Any amounts
				remaining after the annual fiscal year allocations made pursuant to
				subparagraph (B) shall remain available to the Secretary without fiscal year
				limitation for future such allocations.</text>
						</subparagraph><paragraph id="H71A7C2652B814968BDFC137B46913E8E"><enum>(2)</enum><header>Limitation</header><text>Not
				more than 10 percent of these funds may be used to offset receipts for the
				National Oceanic and Atmospheric Administration’s Operations, Research, and
				Facilities account.</text>
						</paragraph><paragraph id="HF4EB9E5FD8F6493488D50E64F1A595E0"><enum>(3)</enum><header>Annual
				notification</header><text>The Secretary shall notify annually each Council of
				funds available for grants in its region.</text>
						</paragraph><paragraph id="HE892E6A8751C45429C0FF3F0A42BD2A5"><enum>(4)</enum><header>Administrative
				costs</header><text>Prior to the allocation of funds under paragraph (1), the
				Secretary—</text>
							<subparagraph id="HE08A89E069D649018D76A45DE695D52B"><enum>(A)</enum><text>may reserve up to
				3 percent of the funds available in a fiscal year for the administration of the
				grant program; and</text>
							</subparagraph><subparagraph id="H935570EE386D4FE3BB3088E273255545"><enum>(B)</enum><text>shall distribute 3
				percent of the funds available in a fiscal year equally among each of the 8
				Councils for the development and implementation of fishery investment plans and
				grant review.</text>
							</subparagraph></paragraph><paragraph id="HE99E336B4B4345E1A6A4295A51676D94"><enum>(5)</enum><header>Maintenance of
				effort</header><text>Except as provided in paragraph (2), the Secretary may not
				reduce or eliminate funding for any research, survey, monitoring, or assessment
				activities necessary to meet the conservation and management requirements of
				the Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C. 1801 et
				seq.) as a result of funding provided under this
				section.</text>
						</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
				</paragraph></subsection></section><section id="H30EC4439EA8F4D539B029F4BF64E2945"><enum>4.</enum><header>Focusing assets
			 for improved fisheries outcomes</header><text display-inline="no-display-inline">Section 2(b) of the Act of August 11, 1939
			 (commonly known as the <quote>Saltonstall-Kennedy Act</quote>) (15 U.S.C.
			 713c–3(b)), is amended—</text>
			<paragraph id="H4341854B16D842B895D83F28080BEF73"><enum>(1)</enum><text>by striking
			 <quote>(1)</quote>;</text>
			</paragraph><paragraph id="HB08C2E9CD8A7468FBC7DA06A04D4D068"><enum>(2)</enum><text>by striking
			 <quote>and ending on June 30, 1957,</quote>;</text>
			</paragraph><paragraph id="HC4AC1A79C502421D8A56D8D0E4140744"><enum>(3)</enum><text>by striking
			 <quote>moneys</quote> the first place it appears and inserting
			 <quote>monies</quote>; and</text>
			</paragraph><paragraph id="H8551BEA1116A4B93BFE26E96C35E0C19"><enum>(4)</enum><text>by striking
			 <quote>shall be maintained in a separate fund only for</quote> and all that
			 follows and inserting <quote>and shall only be used for the purposes described
			 under subsection (c).</quote>.</text>
			</paragraph></section><section id="HEADDA6F1F7EC4DBBA68DC64567DBCF13"><enum>5.</enum><header>Regulation and
			 procedure streamlining</header>
			<subsection id="HC75F020DB70C4D788AD17D0F14B6CC93"><enum>(a)</enum><header>In
			 general</header><text>For the 2 fiscal years following the date of enactment of
			 this Act, the Secretary of Commerce shall use funds available under section
			 2(e)(2) of the Act of August 11, 1939 (commonly known as the
			 <quote>Saltonstall-Kennedy Act</quote>) (15 U.S.C. 713c–3), to conduct a review
			 of the regulations and procedures used to implement title III of the
			 Magnuson-Stevens Fishery Conservation and Management Act (90 Stat. 346).</text>
			</subsection><subsection id="H7C76D3F70E6945A0884CD69149A05705"><enum>(b)</enum><header>Review
			 requirements</header><text>The review under subsection (a) shall—</text>
				<paragraph id="HFA449FF45AD54BFFB07B464ABC999311"><enum>(1)</enum><text>identify redundant
			 and inefficient regulations and procedures;</text>
				</paragraph><paragraph id="H77C499DB998B464286E6F89BCE760295"><enum>(2)</enum><text>make
			 recommendations for streamlining such regulations and procedures, including
			 recommendations to eliminate unnecessary paperwork, reduce bureaucratic
			 restrictions, and speed the inclusion of new information into management
			 decisions; and</text>
				</paragraph><paragraph id="HF0B4C51FF07E4ED68928C2EB7E2E6545"><enum>(3)</enum><text>ensure that any
			 recommended modifications to regulations or procedures are consistent with the
			 Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C. 1801 et
			 seq.), and any other applicable law.</text>
				</paragraph></subsection></section><section id="HCA86BC45330F4D12868A07338A9D0019"><enum>6.</enum><header>Promulgation of
			 regulations</header><text display-inline="no-display-inline">Not later than 90
			 days after the date of enactment of this Act, the Secretary shall promulgate
			 regulations to implement the requirements of this Act.</text>
		</section></legis-body>
</bill>
