1. Short title This Act may be cited as the Supporting Equity for Aquaculture and Seafood Act or the SEAS Act . 2. Report on USDA seafood purchases and grants Not later than 1 year after the date of the enactment of this Act, and annually thereafter through fiscal year 2026, the Secretary of Agriculture shall submit to Congress a report that includes, with respect to the previous fiscal year— (1) the total amount of expenditures of the Department of Agriculture on seafood purchases and aquaculture purchases and the value of such expenditures; (2) the total amount of expenditures of the Department on seafood and aquaculture promotion and outreach supporting the seafood and aquaculture industries and the value of such expenditures; (3) the number of grants made by the Secretary of Agriculture to the seafood and aquaculture industries, and the amount of such grants; and (4) the number of grants made by the Secretary of Agriculture to facilitate seafood and aquaculture research, the amount of such grants, and the subject matter of such research. 3. Report on USDA support for aquaculture and the seafood industry (a) In general Not later than 2 years after the date of the enactment of this Act, the Secretary of Agriculture shall submit to Congress a report— (1) evaluating the Department of Agriculture’s role in supporting aquaculture and the seafood industry; (2) evaluating the domestic seafood processing capacity of the United States and the impact of overseas processing on domestic supply chains, aquaculture, and the seafood industry; (3) examining the access to the Department of Agriculture’s grants and resources aquaculture and seafood producers have, as compared to traditional land-based farmers; (4) evaluating the potential environmental benefits of aquaculture, with respect to climate, conservation, and pollution; (5) evaluating the potential negative impacts of aquaculture, with respect to pollution, waste, disease, and other repercussions