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HR 6362 112th Congress House Public Lands and Natural Resources Government lending and loan guarantees Marine and coastal resources, fisheries Pacific Ocean User charges and fees

REFI Pacific Act of 2012

Introduced: September 10, 2012 Introduced by: Thompson, Mike Democratic · California See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 11, 2012
Referred to the Subcommittee on Fisheries, Wildlife, Oceans, and Insular Affairs.
Sep 10, 2012
Referred to the House Committee on Natural Resources.
Sep 10, 2012
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now September 11, 2012

Referred to the Subcommittee on Fisheries, Wildlife, Oceans, and Insular Affairs.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2