Promoting American Competition in Aquaculture Research Act
Summary
The "Promoting American Competition in Aquaculture Research Act" amends the National Agricultural Research, Extension, and Teaching Policy Act of 1977. It aims to eliminate the prohibition on indirect costs for aquaculture assistance programs and reauthorizes funding. The bill allocates $15 million annually from 2025 through 2029 for these programs.
Expected Effects
The primary effect will be to allow aquaculture research programs to recover indirect costs, potentially increasing their financial stability. Reauthorizing funding ensures continued support for aquaculture research. This could lead to advancements in sustainable aquaculture practices and increased domestic production.
Potential Benefits
- Increased funding stability for aquaculture research through the allocation of $15 million annually.
- Allows for the recovery of indirect costs, easing the financial burden on research institutions.
- Potential for advancements in sustainable aquaculture practices.
- Supports domestic aquaculture production, potentially reducing reliance on imports.
- May stimulate economic activity in aquaculture-related industries.
Potential Disadvantages
- Increased government spending, potentially contributing to the national debt.
- The benefits may disproportionately favor larger aquaculture operations or research institutions.
- Potential for unintended environmental consequences if research is not properly regulated.
- The act does not address broader issues related to market access or trade barriers for aquaculture products.
- Limited scope, focusing primarily on research funding rather than comprehensive industry support.
Constitutional Alignment
The bill aligns with the General Welfare Clause (Article I, Section 8) by promoting agricultural research and potentially improving food security. Congress has the power to appropriate funds for the general welfare. The bill does not appear to infringe upon any specific constitutional rights or limitations.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).