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Title 16 — Conservation

Chapter 94 — National Oceans and Coastal Security

§ 7506. Annual report

Statutory text

(a)

Requirement for annual report

Subject to subsection (c),1 beginning with fiscal year 2017, not later than 60 days after the end of each fiscal year, the Foundation shall submit to the Committee on Commerce, Science, and Transportation of the Senate and the Committee on Natural Resources of the House of Representatives a report on the operation of the Fund during that fiscal year.

(b)

Content

Each annual report submitted under subsection (a) for a fiscal year shall include—

(1)

a full and complete statement of the receipts, including the source of all receipts, expenditures, and investments of the Fund;

(2)

a statement of the amounts deposited in the Fund and the balance remaining in the Fund at the end of the fiscal year; and

(3)

a description of the expenditures made from the Fund for the fiscal year, including the purpose of the expenditures.

Footnotes

  1. 1 So in original.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. National Oceans and Coastal Security Act

    Pub. L. 114–113 div. O title IX § 907 · 129 Stat. 2242

    Enacted · 16 U.S.C. § 7506

    (Pub. L. 114–113, div. O, title IX, § 907, Dec. 18, 2015, 129 Stat. 3034.)

    Source evidence

    Code source credit
    (Pub. L. 114–113, div. O, title IX, § 907, Dec. 18, 2015, 129 Stat. 3034.)

    Enacted provision · exact public law section
    SEC. 907. ANNUAL REPORT. (a) Requirement for Annual Report.— Subject to subsection (c), beginning with fiscal year 2017, not later than 60 days after the end of each fiscal year, the Foundation shall submit to the Committee on Commerce, Science, and Transportation of the Senate and the Committee on Natural Resources of the House of Representatives a report on the operation of the Fund during that fiscal year. (b) Content.— Each annual report submitted under subsection (a) for a fiscal year shall include— (1) a full and complete statement of the receipts, including the source of all receipts, expenditures, and investments of the Fund; (2) a statement of the amounts deposited in the Fund and the balance remaining in the Fund at the end of the fiscal year; and (3) a description of the expenditures made from the Fund for the fiscal year, including the purpose of the expenditures.

1 of 1 references resolved to an enrolled provision

Credits

(Pub. L. 114–113, div. O, title IX, § 907, , 129 Stat. 3034.)

Parsed from the official OLRC USLM XML in data/usc_all/usc16.xml · release point 119-108 · OLRC build 2026-07-16

USLM identifier /us/usc/t16/s7506