16 U.S.C. § 6305 — Authorization of appropriations

Page 2574 TITLE 16—CONSERVATION § 6305 tive expenses necessary to carry out this chap- ter. (c) Investment of amounts (1) In general The Secretary of the Treasury shall invest such portion of the Fund as is not, in the judg- ment of the Secretary of the Treasury, re- quired to meet current withdrawals. Invest- ments may be made only in interest-bearing obligations of the United States. (2) Acquisition of obligations For the purpose of investments under para- graph (1), obligations may be acquired— (A) on original issue at the issue price; or (B) by purchase of outstanding obligations at the market price. (3) Sale of obligations Any obligation acquired by the Fund may be sold by the Secretary of the Treasury at the market price. (4) Credits to Fund 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. (d) Transfers of amounts (1) In general The amounts required to be transferred to the Fund under this section shall be trans- ferred at least monthly from the general fund of the Treasury to the Fund on the basis of es- timates made by the Secretary of the Treas- ury. (2) Adjustments Proper adjustment shall be made in amounts subsequently transferred to the extent prior estimates were in excess of or less than the amounts required to be transferred. (e) Acceptance and use of donations The Secretary may accept and use donations to provide assistance under section 6303 of this title. Amounts received by the Secretary in the form of donations shall be transferred to the Secretary of the Treasury for deposit into the Fund. (Pub. L. 106–411, § 5, Nov. 1, 2000, 114 Stat. 1793; Pub. L. 109–363, title VII, § 702, Oct. 17, 2006, 120 Stat. 2082; Pub. L. 116–9, title VII, § 7001(c)(2)(C), Mar. 12, 2019, 133 Stat. 785.) Editorial Notes AMENDMENTS 2019—Subsec. (b)(2). Pub. L. 116–9 substituted ‘‘$150,000’’ for ‘‘$100,000’’. 2006—Subsec. (b)(2). Pub. L. 109–363 substituted ‘‘ex- pend’’ for ‘‘expand’’ and ‘‘$100,000’’ for ‘‘$80,000’’. § 6305. Authorization of appropriations There are authorized to be appropriated to the Fund $5,000,000 for each of fiscal years 2025 through 2029. (Pub. L. 106–411, § 6, Nov. 1, 2000, 114 Stat. 1794; Pub. L. 109–363, title VII, § 703, Oct. 17, 2006, 120 Stat. 2082; Pub. L. 116–9, title VII, § 7001(c)(2)(D), Mar. 12, 2019, 133 Stat. 785; Pub. L. 118–159, div. E, title LIII, § 5306(b), Dec. 23, 2024, 138 Stat. 2446.) Editorial Notes AMENDMENTS 2024—Pub. L. 118–159 substituted ‘‘2025 through 2029’’ for ‘‘2019 through 2023’’. 2019—Pub. L. 116–9 substituted ‘‘2019 through 2023’’ for ‘‘2006 through 2010’’. 2006—Pub. L. 109–363 substituted ‘‘fiscal years 2006 through 2010’’ for ‘‘fiscal years 2001 through 2005’’. CHAPTER 83—CORAL REEF CONSERVATION Sec. 6401. Purposes. 6402. Federal coral reef management and restora- tion activities. 6403. National coral reef resilience strategy. 6404. Coral reef action plans. 6405. Coral reef stewardship partnerships. 6406. Block grants. 6407. Coral Reef Stewardship Fund. 6408. Emergency assistance. 6409. Coral Reef Disaster Fund. 6410. Ruth D. Gates Coral Reef Conservation Grant Program. 6411. Coral reef research. 6412. Coral reef prize competitions. 6413. Reports on administration. 6414. Authorization of appropriations. 6415. Definitions. § 6401. Purposes The purposes of this chapter are— (1) to conserve and restore the condition of United States coral reef ecosystems chal- lenged by natural and human-accelerated changes, including increasing ocean tempera- tures, changing ocean chemistry, coral bleach- ing, coral diseases, water quality degradation, invasive species, and illegal, unreported, and unregulated fishing; (2) to promote the science-based manage- ment and sustainable use of coral reef eco- systems to benefit local communities and the Nation, including through improved integra- tion and cooperation among Federal and non- Federal stakeholders responsible for managing coral reef resources; (3) to develop sound scientific information on the condition of coral reef ecosystems, con- tinuing and emerging threats to such eco- systems, and the efficacy of innovative tools, technologies, and strategies to mitigate stressors and restore such ecosystems, includ- ing evaluation criteria to determine the effec- tiveness of management interventions, and ac- curate mapping for coral reef restoration; (4) to assist in the preservation of coral reefs by supporting science-based, consensus-driven, and community-based coral reef management by covered States and covered Native entities, including monitoring, conservation, and res- toration projects that empower local commu- nities, small businesses, and nongovernmental organizations; (5) to provide financial resources, technical assistance, and scientific expertise to supple- ment, complement, and strengthen commu- nity-based management programs and con- servation and restoration projects of non-Fed- eral reefs;