Page:United States Statutes at Large Volume 113 Part 2.djvu/164

 113 STAT. 1184 PUBLIC LAW 106-78 —OCT. 22, 1999 "(j) PRIVATIZATION. — "(1) IN GENERAL.— Privatization of a revolving fund for the purposes of assisting the United States sheep and goat industries shall occur on the earlier of— "(A) September 30, 2006; or "(B) the date as of which a total of $30,000,000 has been appropriated for the Center under subsection (e)(6)(C). "(2) PRIVATIZATION PROPOSAL.—On privatization of a revolving fund in accordance with paragraph (1), the Board shall submit to the Secretary, for approval, a privatization proposal that— "(A) delineates a private successor entity to the Center; and "(B) establishes a transition plan. "(3) PRIVATE SUCCESSOR ENTITY.—The private successor entity shall— "(A) have the purposes described in subsection (c); "(B) be organized under the laws of one of the States; and "(C) be able to continue the activities of the Center. "(4) TRANSITION PLAN.—The transition plan shall— "(A) identify any continuing role of the Federal Government with respect to the Center; "(B) provide for the transfer of all Center assets and liabilities to the private successor entity; and "(C) delineate the status of the Board and employees of the Center. "(5) IMPLEMENTATION.— "(A) IN GENERAL.— On approval by the Secretary of the private successor entity and the transition plan, the Center shall create the private successor entity and implement the transition plan. "(B) AUTHORITY. — The Secretary shall have all necessary authority to implement the transition plan. "(6) TRANSFER OF FUNDS.— On creation of the private successor entity, all funds held by the Department of the Treasury pursuant to this section shall be transferred to the private successor entity. "(7) REPEAL. — On the date the Secretary publishes notice in the Federal Register that the transition plan is complete, this section is repealed.". 7 USC 1421 note. SEC. 817. FISHERIES. Alaska. (a) NORTON SOUND FISHERIES FAILURE. — (1) INCOME ELIGIBILITY.— Section 763(a) of the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 1999 (112 Stat. 2681- 36), is amended by striking "federal poverty level" and inserting "income eligibility level established for Alaska under the temporary assistance to needy families (TANF) program funded under part A of title IV of the Social Security Act (42 U.S.C. 601 et seq.)". (2) EMERGENCY ASSISTANCE.— Section 1124 of the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 1999 (112 Stat. 2681- 45), is amended by inserting before the period at the end the following: "or a fisheries failure in the Norton Sound region

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