HR 6362 · 112th Congress · Public Lands and Natural Resources

REFI Pacific Act of 2012

Introduced 2012-09-10· Sponsored by Rep. Thompson, Mike [D-CA-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Fisheries, Wildlife, Oceans, and Insular Affairs.(2012-09-11)

Plain Language Summary

[AI summary unavailable — showing source text] Revitalizing the Economy of Fisheries in the Pacific Act of 2012 or REFI Pacific Act of 2012 - 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 Pacific 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. Prohibits the fee with respect to such loan from exceeding 3% of the ex-vessel value of all fish harvested from each fishery for which the loan is issued.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (12)

9 Democrats3 Republicans