Page:United States Statutes at Large Volume 94 Part 1.djvu/1255

 PUBLIC LAW 96-362—SEPT. 26, 1980

94 STAT. 1205

(b) CAPITAL REQUIREMENTS PLAN.—Based on the results of the

Capital Requirements Study conducted under subsection (a), and within six months of the completion of the study, the Secretaries shall formulate a plan for acting on the study's findings. The plan shall include: (1) those Federal actions, if any, found to be necessary to meet financial needs unmet through normal credit channels and existing Federal programs; and (2) recommendations, if any, for legislative actions. Upon completion, the plan shall be submitted to Submittal to Congress. Congress. REGULATORY CONSTRAINTS ON AQUACULTURE

9. (a) REGULATORY CONSTRAINTS STUDY.—The Secretaries, 16 USC 2808 through the coordinating group, shall conduct, within twelve months after the date of enactment of this Act, a study of the State and Federal regulatory restrictions to aquaculture development in the United States. The study shall— (1) include a literature review and a descriptive list identifying the parameters of the issue; (2) identify and list relevant current and pending Federal regulations restricting the development of commercial aquaculture operations; (3) identify and list relevant current State regulations restricting the development of commercial aquaculture operations in five States selected randomly in five separate geographic regions of the United States; (4) conduct case studies of ten commercial aquaculture operations in the United States representing a wide range of marine and fresh water species to determine the practical effects of regulatory restrictions on aquaculture; and (5) develop a flow-chart time line using the information obtained by means of paragraphs (1) through (4) to identify those regulations and restrictions that could have the most detrimental effect in establishing commercial aquaculture operations in the United States. Upon completion of the study, the Secretaries shall submit its results Submittal to Congress. to Congress. SEC.

(b) REGULATORY CONSTRAINTS PLAN.—Based on the results of the

Regulatory Constraints Study conducted under subsection (a), and within six months of the study's completion, the Secretaries shall formulate a plan for acting on the study's findings. The plan will contain specific steps the Federal Government can take to remove unnecessarily burdensome regulatory barriers to the initiation and operation of commercial aquaculture ventures. Upon its completion, Submittal to Congress. the Secretaries shall submit the plan to Congress. AUTHORIZATIONS FOR APPROPRIATIONS

SEC. 10. For purposes of carrying out the provisions of this Act, 16 USC 2809. there are authorized to be appropriated— (1) to the Department of Agriculture— (A) $7,000,000 for fiscal year 1981, (B) $10,000,000 for fiscal year 1982, and (C) $12,000,000 for fiscal year 1983; (2) to the Department of Commerce— (A) $7,000,000 for fiscal year 1981, (B) $10,000,000 for fiscal year 1982, and (C) $12,000,000 for fiscal year 1983; and

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