Us Code § 4008 - Establishment of Fisheries Promotional Fund
Full text of Us Code United States Code § 4008 — Establishment of Fisheries Promotional Fund, with citation guidance and answers to common questions.
§ 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.
(Pub. L. 99–659, title II, §209, Nov. 14, 1986, 100 Stat. 3720; Pub. L. 101–627, title VII, §702, Nov. 28, 1990, 104 Stat. 4463.)
Editorial Notes
Codification
Section is comprised of section 209 of Pub. L. 99–659. Subsec. (e) of section 209 of Pub. L. 99–659 amended section 713c–3 of Title 15, Commerce and Trade.
Amendments
1990—Subsec. (d). Pub. L. 101–627 substituted "1991" for "1990".
About This Section
16 U.S.C. § 4008 is part of Title 16 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
This section may be cited in legal writing as 16 U.S.C. § 4008. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.
How to Read This Statute
Statutes are organized by title, chapter, section, and subsection. Pay attention to words like "shall," "may," "and," and "or," because they determine whether a requirement is mandatory or permissive and whether multiple conditions must all be met. Historical notes and amendments often appear at the end of a section.
Using This Page
This page is intended for research and educational use. Lawyers, students, journalists, and compliance professionals can use it as a starting point, but should always verify the current text through an official government source before relying on it for legal advice, filings, or compliance decisions.