REFI Pacific Act
Latest action · Sep 10, 2014 Placed on Senate Legislative Calendar under General Orders. Calendar No. 556.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 10, 2013
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Revitalizing the Economy of Fisheries in the Pacific Act or the REFI Pacific Act - (Sec. 3) 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. Permits the Secretary to extend the loan under specified conditions 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.
(Sec. 4) Requires the National Oceanic and Atmospheric Administration (NOAA), within 75 days after enactment of this Act, to complete the referenda of fishery participants with respect to the terms for the refinanced loan.
Cosponsors 6
Members who signed on, in the order they did. All signed on Jul 10, 2013.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Barbara Boxer | Original | Jul 10, 2013 |
| D-CA | Dianne Feinstein | Original | Jul 10, 2013 |
| D-OR | Jeff Merkley | Original | Jul 10, 2013 |
| D-AK | Mark Begich | Original | Jul 10, 2013 |
| D-WA | Patty Murray | Original | Jul 10, 2013 |
| D-OR | Ron Wyden | Original | Jul 10, 2013 |
Actions 5
Everything that happened, newest first.
- Sep 10, 2014Committee on Commerce, Science, and Transportation. Reported by Senator Rockefeller with an amendment in the nature of a substitute. With written report No. 113-251.
- Sep 10, 2014Placed on Senate Legislative Calendar under General Orders. Calendar No. 556.
- Apr 9, 2014Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment in the nature of a substitute favorably.
- Jul 10, 2013Introduced in Senate
- Jul 10, 2013Read twice and referred to the Committee on Commerce, Science, and Transportation.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 2646 | REFI Pacific Act | Related bill | Apr 3, 2014 |
| HR 4742 | Strengthening Fishing Communities and Increasing Flexibility in Fisheries Management Act | Related bill | Dec 22, 2014 |
Subjects
Assigned by the Library of Congress. Policy area: Public Lands and Natural Resources.
Text 2
Each version as it was printed, newest first.
- Sep 10, 2014Reported to Senate
- Jul 10, 2013Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.