; or (2) a corporation, partnership, or other entity that— (A) is organized and existing under the laws of a State or the United States; and (B) is not State-owned or majority-controlled by a State-owned enterprise. (e) Duration (1) In general An offshore aquaculture permit shall have an initial 25-year duration, and may be renewed subject to the terms of this Act. (2) Exceptions (A) The Secretary shall develop the duration of an offshore aquaculture permit for a project involving pilot-scale testing or farm-scale research on aquaculture science and technologies. (B) The Secretary shall develop the duration of an offshore aquaculture permit subject to subsection (m)(1), in consultation with the Secretary of the Interior, except that the permit shall expire not later than the date that the lessee or the lessee’s operator submits, to the Secretary of the Interior, a final application for the decommissioning and removal of an existing facility upon which an offshore aquaculture facility is located. (f) Renewal An offshore aquaculture permit holder may renew a permit for an additional 25-year period before the end of the original permit’s duration provided that the permit or amended permit complies with existing requirements. (g) Revocation The Secretary may, pursuant to regulations issued under this Act, revoke an offshore aquaculture permit if— (1) the permit holder fails to begin offshore aquaculture operations within 2 years from the date the required Federal permits are obtained; (2) there is a prolonged interruption of offshore aquaculture operations, unrelated to best management practices such as fallowing, which the Secretary may consider to be prolonged no sooner than 2 years after the initial interruption