Protect American Fisheries Act of 2024

(1) in paragraph (1)—

(A) in subparagraph (A), by inserting economic cause, after discrete anthropogenic cause,;

(B) by redesignating subparagraphs (D) through (G) as subparagraphs (F) through (I), respectively;

(C) by redesignating subparagraph (C) as subparagraph (D);

(D) by inserting after subparagraph (B) the following:

The term economic cause means any activity carried out by a foreign person that the Secretary determines—

(i) distorts the market for a fishery resource;

(ii) disrupts the sustainable harvest of a fishery resource; or

(iii) hinders the operational or economic viability of a fishery resource.

(E) in subparagraph (D)(i), as so redesignated, by inserting or significant disruption to the fishery resource or economy of a fishing community after fishery resource; and

(F) by inserting after subparagraph (D), as so redesignated, the following:

The term foreign person means—

(i) an individual who is not a citizen or national of the United States;

(ii) a government of a foreign country and any unit of such government;

(iii) an international financial institution (as the term international financial institutions is defined in section 1701(c) of the International Financial Institutions Act (22 U.S.C. 262r(c)));

(iv) a partnership, association, corporation, organization, or other combination of persons organized under the laws of or having its principal place of business in a foreign country; and

(v) a partnership, association, corporation, organization, or other combination of persons organized under the laws of the United States that is owned by, directly or indirectly controlled by, or subject to the direction of a person or an entity described in clauses (i) through (iv).

(2) in paragraph (3)(B)(v)—

(A) in subclause (III), by striking and at the end;

(B) in subclause (IV), by striking the period at the end and inserting; and; and

(C) by inserting after subclause (IV) the following:

(V) if applicable with respect to the cause of the fishery resource disaster, information documenting the adverse effects of activities carried out by a foreign person on the operational or economic viability of the applicable fishery, including—

(aa) illegal, unreported, or unregulated fishing, including the use of forced or child labor;

(bb) predatory pricing; and

(cc) the provision of subsidies that—

(AA) have an adverse effect on the price in the United States or export markets of seafood produced by the applicable fishery; or

(BB) otherwise cause a distortion of such markets.

(3) in paragraph (4)(B)(i)(II)—

(A) in item (ii), by striking and at the end;

(B) in item (jj), by striking the period at the end and inserting a semicolon; and

(C) by adding at the end the following:

(kk) prices in the United States or export markets of seafood produced in the fishery; and

(ll) if the requester submits information described in paragraph (3)(B)(v)(V), any activities carried out by a foreign person that contribute to an economic cause of the fishery resource disaster and the specific economic effects thereof.

(C) ; and

(4) in paragraph (5)(A)—

(A) in clause (iii)—

(i) by striking a combination and inserting any combination; and

(ii) by striking and an anthropogenic cause and inserting, anthropogenic cause, or economic cause;

(B) by redesignating clauses (iii) and (iv) as clauses (iv) and (v), respectively; and

(C) by inserting after clause (ii) the following:

(iii) an economic cause;