To require the Secretary of the Commerce, acting through the Administrator of the National Oceanic and Atmospheric Administration, to provide grants supporting research on the conservation, restoration, or management of oysters in estuarine ecosystems, and for other purposes.

To require the Secretary of the Commerce, acting through the Administrator of the National Oceanic and Atmospheric Administration, to provide grants supporting research on the conservation, restoration, or management of oysters in estuarine ecosystems, and for other purposes. 1. Short title This Act maybe cited as the Oyster Conservation Act 2. Grants for recovering oysters (a) Establishment The Administrator shall establish a grant program (in this section referred to as the Program (b) Application To be eligible to receive a grant under this section, an eligible entity shall submit to the Administrator an application at such time, in such manner, and containing such information as the Administrator may require. (c) Allocation of grant funds (1) In general The Administrator shall award a grant under the Program to eligible entities that submit an application under subsection (b). (2) Matching requirement (A) In general Except as provided in subparagraph (B), the total amount of Federal funding received under the Program by an eligible entity may not exceed 85 percent of the total cost of the research project for which the funding was awarded. For the purposes of this subparagraph, the non-Federal share of project costs may be provided by in-kind contributions and other noncash support. (B) Waiver The Administrator may waive all or part of the requirement in subparagraph (A) if the Administrator determines that no reasonable means are available through which an eligible entity applying for a grant under this section can meet such requirement and the probable benefit of such research project outweighs the public interest in such requirement. (3) Equitable distribution The Administrator shall ensure, to the maximum extent practicable, that grant funding under this section is apportioned according to the historic baseline oyster population of each estuary of the United States. (d) Definitions In this section, the following definitions apply: (1) Academic community The term academic community (2) Administrator The term Administrator (3) Eligible entity The term eligible entity (4) Historic baseline The term historic baseline (5) Nonprofit organization The term nonprofit organization section 501(c)(3) (6) Seafood industry The term seafood industry (e) Authorization of appropriations There is authorized to be appropriated to the Administrator $5,000,000 for each of the fiscal years 2022 through 2026 to carry out this section.

Summary: Oyster Conservation Act This bill directs the National Oceanic and Atmospheric Administration (NOAA) to provide grants to certain entities, including the academic community and seafood industry, to conduct research on the conservation, restoration, or management of oysters in estuarine ecosystems. Grant awards may not exceed 85% of the research project's total cost unless NOAA waives such requirement. Additionally, NOAA must ensure that grant funding is apportioned according to the historic baseline (i.e., the estimated population of oysters in an estuary in 1850) oyster population of each estuary of the United States.