REFI Pacific Act
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in house (Jul 10, 2013)
Revitalizing the Economy of Fisheries in the Pacific Act or the REFI Pacific Act - 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 West 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, subject to extension if there is an outstanding balance after such period.
Prohibits the fee with respect to such loan from exceeding 3% of the ex-vessel value of the harvest from each fishery for which the loan is issued.
Sets forth requirements for direct loan interest rates, subloans, and the calculation of the ex-vessel landing fee to be collected for payment of such loan.
What just happenedApr 3, 2014
Subcommittee Hearings Held.
Who’s behind it
- Introduced in HouseJul 10, 2013
- Apr 3, 2014Committee
Subcommittee Hearings Held.
- Jul 15, 2013Committee
Referred to the Subcommittee on Fisheries, Wildlife, Oceans, and Insular Affairs.
- Jul 10, 2013IntroReferralH11100
Referred to the House Committee on Natural Resources.
- Jul 10, 2013IntroReferralIntro-H
Introduced in House
- Jul 10, 2013IntroReferral1000
Introduced in House