Sec. 405. Report and permit terms
220 words·~1 min read·
/bill/117/hr/6258/ih/section-405·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 5 years after the date of enactment of this Act, the Secretary shall issue a report to the Chairman and Ranking Member of the Committee on Commerce, Science, and Transportation of the Senate and the Committee on Natural Resources of the House of Representatives regarding implementation of this Act. The report shall include— the number of offshore aquaculture permits applied for, granted, denied, and retired, together with a brief description of the circumstances of each; any and all enforcement actions undertaken, and the disposition of each; the number of aquaculture opportunity areas established under section 102, together with a brief description of the circumstances of each; results from any grants awarded under this Act; the Secretary’s assessment of the state of offshore aquaculture in the United States; the Secretary’s assessment of United States offshore aquaculture in comparison to offshore aquaculture in other nations; and the Secretary’s recommendations to improve United States offshore aquaculture.
In addition to the requirements of subsection (a), the Secretary may make the following determinations regarding permit terms for offshore aquaculture: The effect of shortening or lengthening permit terms on the risk of harm to the environment. The effect of shortening or lengthening permit terms on industry’s access to capital markets. Whether a change to the permit terms established in this Act is warranted.