; (ii) delineating the positive and negative economic effects of the program on fishermen and processors who are part of the program and the coastal communities in which they reside; and (iii) any necessary modification of the program to meet those goals, including a formal schedule for action to be taken within 2 years; . 27. Healthy fisheries through better science (a) Definition of stock assessment Section 3 ( 16 U.S.C. 1802 ), as amended by section 22(a) of this Act, is further amended by redesignating the paragraphs after paragraph (42) in order as paragraphs (44) through (53), and by inserting after paragraph (42) the following: (43) The term stock assessment means an evaluation of the past, present, and future status of a stock of fish, that includes— (A) a range of life history characteristics for such stock, including— (i) the geographical boundaries of such stock; and (ii) information on age, growth, natural mortality, sexual maturity and reproduction, feeding habits, and habitat preferences of such stock; and (B) fishing for the stock. . (b) Stock assessment plan (1) In general Section 404 ( 16 U.S.C. 1881c ), as amended by section 9(d) of this Act, is further amended by adding at the end the following: (f) Stock assessment plan (1) In general The Secretary shall develop and publish in the Federal Register, on the same schedule as required for the strategic plan required under subsection (b) of this section, a plan to conduct stock assessments for all stocks of fish for which a fishery management plan is in effect under this Act. (2) Contents The plan shall— (A) for each stock of fish for which a stock assessment has previously been conducted— (i) establish a schedule for updating the stock assessment that is reasonable given the biology and characteristics of the stock; and (ii) subject to the availability of appropriations, require completion of a new stock assessment, or an update of the most recent stock assessment— (I) every 5 years