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LegalText 16 U.S.C. § 6604 Marine Turtle Conservation Fund us united_states_code code_section 16 CONSERVATION 85 MARINE TURTLE CONSERVATION 6604 16 U.S.C. § 6604 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc16@119-100.zip /us/usc/t16/s6604 data/legal/raw/us/code/title-16/usc16.xml 0e6cce50d08765c884c5fb2a90d6c907f8d033e460fa651a8a6ec6cba352c1e7 7be8950da5a93cac7c98e4576ce00340f2aba5e8e46d29915382c203c421d503 66f51eb576f263a61d56864bcc093384ad2519f1a3e9adf80e8c5f6e2f467ae0 2026-07-04 official
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16 U.S.C. § 6604 - Marine Turtle Conservation Fund

Text

(a) Establishment There is established in the Multinational Species Conservation Fund a separate account to be known as the “Marine Turtle Conservation Fund”, consisting of—

(1) amounts transferred to the Secretary of the Treasury for deposit into the Fund under subsection (e);

(2) amounts appropriated to the Fund under section 6606(a) of this title; and

(3) any interest earned on investment of amounts in the Fund under subsection (c).

(b) Expenditures from Fund (1) In general Subject to paragraph (2), on request by the Secretary, the Secretary of the Treasury shall transfer from the Fund to the Secretary, without further appropriation, such amounts as the Secretary determines are necessary to carry out section 6603 of this title.

(2) Administrative expenses Of the amounts in the account available for each fiscal year, the Secretary may expend not more than 5 percent, or up to $150,000, whichever is greater, to pay the administrative expenses necessary to carry out this chapter.

(c) Investment of amounts (1) In general The Secretary of the Treasury shall invest such portion of the Fund as is not, in the judgment of the Secretary of the Treasury, required to meet current withdrawals. Investments may be made only in interest-bearing obligations of the United States.

(2) Acquisition of obligations For the purpose of investments under paragraph (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 transferred at least monthly from the general fund of the Treasury to the Fund on the basis of estimates made by the Secretary of the Treasury.

(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 6603 of this title. Amounts received by the Secretary in the form of donations shall be transferred to the Secretary of the Treasury for deposit in the Fund.

(Pub. L. 108266, § 5, July 2, 2004, 118 Stat. 794; Pub. L. 1169, title VII, § 7001(c)(3)(D), Mar. 12, 2019, 133 Stat. 788.)

Notes

Editorial Notes

Amendments2019—Subsec. (a)(2). Pub. L. 1169, § 7001(c)(3)(D)(i), substituted “section 6606(a)” for “section 6605”. Subsec. (b)(2). Pub. L. 1169, § 7001(c)(3)(D)(ii), substituted “5 percent, or up to $150,000” for “3 percent, or up to $80,000”.