H.R. 6362 (112th): REFI Pacific Act of 2012

Introduced:
Sep 10, 2012 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Mike Thompson
Representative for California's 1st congressional district
Party
Democrat
Text
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Last Updated
Sep 10, 2012
Length
6 pages
 
Status

This bill was introduced on September 10, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Sep 10, 2012
Referred to Committee Sep 10, 2012
 
Full Title

To direct the Secretary of Commerce to issue a fishing capacity reduction loan to refinance the existing loan funding the Pacific Coast Groundfish Fishery Fishing Capacity Reduction Program.

Summary

No summaries available.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


9/10/2012--Introduced.
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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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