ActiveRegulation
Fishing Capacity Reduction Program for the Longline Catcher Processor Subsector of the Bering Sea and Aleutian Islands Non-Pollock Groundfish Fishery
Commerce Department, National Oceanic and Atmospheric Administration
NAICS 562910
Source: Federal Register
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Key Details
- Posted Date
- NAICS Code
- 562910
- Source
- Federal Register
- Contract Type
- regulation
Description
NMFS issues this notice to inform the public that there will be a decrease of the fee rate required to repay the reduction loan financing the non-pollock groundfish fishing capacity reduction program. Effective January 1, 2023, NMFS is decreasing the Loan A fee rate to $0.020 per pound to ensure timely repayment of the loan. The fee rate for Loan B will remain unchanged at $0.001 per pound. The decreased fee rate is due to the 15 percent increase in non-pollock groundfish Total Allowable Catch (TAC) for 2023 since the fee rate was raised in 2021.
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Data sourced from Federal Register