Georgia Water/Laws/Federal Aid in Sport Fish Restoration Act of 1950

U.S. Federal Aid in Sport Fish Restoration Act (1950) 

General Description
The Act creates a program for management, conservation, and restoration of fishery resources.

Source of Funding
The Sport Fish Restoration program is funded by revenues collected from the manufacturers of fishing rods, reels, creels, lures, flies and artificial baits, who pay an excise tax on these items to the U.S. Treasury.

Fund recipients
Appropriate State agencies are the only entities eligible to receive grant funds. Each State's share is based 60 percent on its licensed anglers (fishermen) and 40 percent on its land and water area. No State may receives more than 5 percent or less than 1 percent of each year's total apportionment. Puerto Rico receives 1 percent, and the Virgin Islands, Guam, American Samoa, Northern Mariana Islands, and the District of Columbia each receive one-third of 1 percent.

Plan structure
The program is a cost-reimbursement program, where the state covers the full amount of an approved project then applies for reimbursement through Federal Aid for up to 75 percent of the project expenses. The state must provide at least 25 percent of the project costs from a non-federal source.