§ 6409. Coral Reef Disaster Fund
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/usc/title-16/section-6409A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Agreements The Administrator shall seek to enter into an agreement with the National Fish and Wildlife Foundation (in this section referred to as the “Foundation”), authorizing the Foundation to receive, hold, and administer funds received under this section.
(b)Fund
(1)In general The Foundation shall establish an account, to be known as the “Coral Reef Disaster Fund” (in this section referred to as the “Fund”).
(2)Deposits The Foundation shall deposit funds received under this section into the Fund.
(3)Purposes The Fund shall be available solely to support the long-term recovery of coral reefs from exigent circumstances described in section 6408(b) of this title—
(A)in partnership with non-Federal stakeholders; and
(B)in a manner that is consistent with—
(i)the National Coral Reef Resilience Strategy; and
(ii)coral reef action plans in effect, if any, under section 6404 of this title.
(4)Investment of amounts
(A)Investment of amounts The Foundation shall invest such portion of the Fund as is not required to meet current withdrawals in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States.
(B)Interest and proceeds The interest on, and the proceeds from, the sale or redemption of, any obligations held in the Fund shall be credited to and form a part of the Fund.
(5)Review of performance The Administrator shall conduct continuing reviews of all deposits into, and disbursements from, the Fund. Each such review shall include a written assessment concerning the extent to which the Foundation has implemented the goals and requirements of this section.
(c)Authorization to solicit donations
(1)In general Pursuant to an agreement entered into under subsection (a), the Foundation may accept, receive, solicit, hold, administer, and use any gift (including, notwithstanding section 1342 of title 31, donations of services) to further the purposes of this chapter.
(2)Deposits in Fund Notwithstanding section 3302 of title 31, any funds received as a gift shall be deposited and maintained in the Fund.
(Pub. L. 106–562, title II, § 210, as added Pub. L. 117–263, div. J, title C, § 10001(a), Dec. 23, 2022, 136 Stat. 3941.)
Connections23 cite this · traces to 5
Cited by 23 sections
public-private-law
statute-compilations
statutes-at-large
- Public Law 106–562To complete the orderly withdrawal of the NOAA from the civil administration of the Pribilof Islands, Alaska, and to assist in the conservation of coral reefs, and for other purposes
- Public Law 104–284To authorize and facilitate a program to enhance safety, training, research and development, and safety education in the propane gas industry for the benefit of propane consumers and the public, and for other purposes
- Public Law 117–263To authorize appropriations for fiscal year 2023 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes
bill
- Sec. 106Clarification of definitions
- Sec. 301Coral reef conservation assistance
- Sec. 7Agreements; redesignations
- Sec. 23Definitions
- Sec. 7Agreements; redesignations
- Sec. 23Definitions
- Sec. 105Vessel grounding inventory; agreements; regulations; application in accordance with international law
- Sec. 106Amendments to definitions
- Sec. 108Clarification and addition of definitions
- Sec. 301Coral reef conservation assistance
- Sec. 206Definitions
- Sec. 301Revisions to National Fishing Enhancement Act of 1984
- Sec. 2Labeling criteria for reef safe sunscreen
- Sec. 2Labeling criteria for reef safe sunscreen
- Sec. 109Revisions to definitions
- Sec. 205Definitions
- Sec. 2Labeling criteria for reef safe and ocean safe sunscreen
4 references not yet in our index
- Pub. L. 106–562, title II, § 210
- 136 Stat. 3941
- 114 Stat. 2805
- 136 Stat. 3931
Citation graph
cites case law
§ 6409
Coral Reef Disaster Fund
Bills×17
Stat.×3
Stat. Comp.×2
Pub. L.×1
Pub. L.Pub. L. 106–562, title II, § 210
Stat.136 Stat. 3941
Stat.114 Stat. 2805
Stat.136 Stat. 3931
Cites 9Cited by 23 across 4 sources