118 STAT. 2886 PUBLIC LAW 108–447—DEC. 8, 2004 be deposited in the NOAA Operations, Research, and Facilities Appropriations Account and treated as an offsetting collection and only be available for financing additional scholarships. SEC. 215. Section 402(f) of Public Law 107–372 is amended— (1) in paragraph (1), by striking ‘‘All right’’ and inserting ‘‘For the period ending April 3, 2008, all right’’; and (2) in paragraph (3), by inserting ‘‘for the period ending April 3, 2008’’ after ‘‘and annually thereafter’’. SEC. 216. Of the amounts made available under this heading for the National Oceanic and Atmospheric Administration, the Sec retary of Commerce shall pay by March 1, 2005, $5,000,000 to the National Marine Sanctuaries Foundation to capitalize a fund for ocean activities. SEC. 217. Any funding provided under this title used to imple ment the Department of Commerce’s E Government Initiatives shall be subject to the procedures set forth in section 605 of this Act. SEC. 218. A fishing capacity reduction program for the Federal Gulf of Mexico Reef Fish Fishery Management Plan principally intended for commercial long line vessels is authorized to be financed through a capacity reduction loan of $35,000,000 pursuant to sections 1111 and 1112 of title XI of the Merchant Marine Act of 1936 (46 U.S.C. App. 1279f and 1279g) subject to the condi tions of this section. In accordance with the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et seq.), $350,000 is hereby appropriated for the subsidy cost of the loan authorized under this section and shall remain available until expended. The Secretary of Commerce, working in close coordination with active fishery participants, is hereby authorized to design and implement a comprehensive vol untary capacity reduction program using the loan authorized under this section. The Secretary shall set the loan term at 35 years and repayment shall begin within 1 year of final implementation of the program. In addition to the authority of the Gulf of Mexico Regional Fishery Management Council to develop and recommend conservation and management measures for the Gulf of Mexico reef fish fishery, the Secretary of Commerce is authorized to develop and implement a limited access program pursuant to the standards set forth in section 303(b)(6) of the Magnuson Stevens Fishery Conservation and Management Act (16 U.S.C. 1853(b)(6)). SEC. 219. (a) DEFINITIONS.—In this section: (1) AFA TRAWL CATCHER PROCESSOR SUBSECTOR.—The term ‘‘AFA trawl catcher processor subsector’’ means the owners of each catcher/processor listed in paragraphs (1) through (20) of section 208(e) of the American Fisheries Act (16 U.S.C. 1851 note). (2) BSAI.—The term ‘‘BSAI’’ has the meaning given the term ‘‘Bering Sea and Aleutian Islands Management Area’’ in section 679.2 of title 50, Code of Federal Regulations (or successor regulation). (3) CATCHER PROCESSOR SUBSECTOR.—The term ‘‘catcher processor subsector’’ means, as appropriate, one of the following: (A) The longline catcher processor subsector. (B) The AFA trawl catcher processor subsector. (C) The non AFA trawl catcher processor subsector. (D) The pot catcher processor subsector. (4) COUNCIL.—The term ‘‘Council’’ means the North Pacific Fishery Management Council established in section 302(a)(1)(G) Loans. Fisheries. Deadline. 116 Stat. 3102.
�
