A bill to provide loans under the Fish and Wildlife Act of 1956.

Authorizes the Secretary of Commerce to make loans from the fisheries loan fund, established under the Fish and Wildlife Act of 1956, during the period beginning on the date of enactment of this Act and ending at the close of fiscal year 1983, to assist obligors to avoid default on obligations issued with respect to the construction, reconstruction, reconditioning, or purchase of fishing vessels.

Authorizes the Secretary to set terms and conditions for such loans, taking into account specified considerations.