Fishery and Aquaculture Oil Spill Assistance Act

Fishery and Aquaculture Oil Spill Assistance Act - Amends the Oil Pollution Act of 1990 to: (1) direct the President to establish a loan program to assist injured parties in an oil spill in meeting financial obligations during the claims procedure; and (2) allow the Oil Spill Liability Trust Fund to be used to make such loans.

Directs the Secretary of Commerce to submit to Congress a study assessing the effectiveness of the claims procedures and emergency response programs under such Act with respect to fishermen and aquaculture producers, together with appropriate legislative or other recommendations to improve such procedures and programs.