Sec. 10. Study of trade in corals
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The Secretary of Commerce, in consultation with the Secretary of the Interior, shall conduct a study on the economic, social, and environmental values and impacts of the United States market in corals and coral products. The study shall— assess the economic and other values of the United States market in coral and coral products, including import and export trade; identify primary coral species used in the coral and coral product trade and locations of wild harvest; assess the environmental impacts associated with wild harvest of coral; assess the effectiveness of current public and private programs aimed at promoting conservation in the coral and coral product trade; identify economic and other incentives for coral reef conservation as part of the coral and coral product trade; and identify additional actions, if necessary, to ensure that the United States market in coral and coral products does not contribute to the degradation of coral reef ecosystems.
Not later than 30 months after the date of enactment of this Act, the Secretary shall submit to the Senate Committee on Commerce, Science, and Transportation and the House of Representatives Committee on Natural Resources a report of the study. There is authorized to be appropriated to the Secretary to carry out this section $100,000 for fiscal year 2014.