Fishing Capacity Reduction Programs
Under section 312(b) of the Magnuson-Stevens Fishery Conservation and Management Act (Magnuson-Stevens Act), the National Marine Fisheries Service (NMFS) has the authority to conduct a fishing capacity reduction program if funds are provided and it is determined that such a program is necessary to prevent or end overfishing, rebuild stocks of fish, or achieve measurable or significant improvements in the conservation and management of the fishery. Under the authority of this section, the Secretary may buy back vessels and/or fishing permits in order to obtain the maximum sustained reduction in fishing capacity at the least cost and in a minimum period of time. Declaration of a fishery resource disaster is not required to authorize such a program.
The capacity reduction program must be consistent with any State and Federal fishery management plans in place for that fishery. Funding for such programs is authorized under Section 312(c) of the Magnuson-Stevens Act and allows NMFS to obtain funding under authorization of the Saltonstall-Kennedy Act, through specific appropriations, from industry fee systems, and from public, private, or non-profit sources.
BSAI Crab Buyback
- BSAI Crab Fee Rate Adjustment Notice - 8/6/07 (PDF)
- Fee Rate Adjustment Letter - 8/6/07 (PDF)
- BSAI Crab Fee Collection Report - Revised 8/6/07 (PDF)
- Final Rule to Exempt CDQ Crab - 5/10/06 (PDF)
- CDQ Exempt from Fee Letter - 5/10/06 (PDF)
- Fee System Final Rule - 9/16/05 (PDF)
- Fee Payment Collection Instructional Letter - 9/19/05 (PDF)
- BSAI Crab Fee Collection Report - Revised 5/21/07 (PDF)
- 2006 BSAI Crab Annual Fee Collection Report (PDF)
- 2005 BSAI Crab Annual Report (PDF)
- Reduction Payment Tender Notice - 11/24/04 (PDF)
- Crab Buyback Final Rule - 12/12/03 (PDF)
- Crab Buyback Proposed Rule - 12/12/02 (PDF)
Pacific Coast Groundfish Buyback
- Fee Collection Instruction Letter - 1/7/09 (PDF)
- Fee Collection Report Instructional Letter - 12/8/08 (PDF)
- PC Groundfish Fee Rate Adjustment Notice - 8/6/07 (PDF)
- Fee Rate Adjustment Letter - 8/6/07 (PDF)
- Fee Collection Report - 8/6/07 (PDF)
- Fee Effective Date Notice - 8/8/05 (PDF)
- Buyback Final Notice - 7/18/03 (PDF)
- Fee System Final Rule - 7/13/05 (PDF)
- Fee System Re-Proposed Rule - 4/8/05 (PDF)
- Fee System Proposed Rule - 11/16/04 (PDF)
- Reduction Payment Tender Notice - 11/4/03 (PDF)
- Buyback Initial Notice - 5/28/03 (PDF)
Longline CP Non-Pollock Groundfish Buyback
- BSAI Non-Pollock Buyback Loan Fee Collection Report (PDF)
- Longline CP Non-Pollock Groundfish Buyback Fee Notification Letter 9-24-2007 (PDF)
- Longline CP Non-Pollock Groundfish Buyback Final Fee Rule (PDF)
- BSAI Non-Pollock Buyback Loan Fee Collection Report (PDF)
- Industry Fee System Proposed Rule - 07/20/07 (PDF)
- Reduction Payment Tender Notice - 4/26/07 (PDF)
- Referendum Letter - 4/26/07 (PDF)
- Ballot Transmittal Letter - 3/21/07 (PDF)
- Non-Pollock CP Final Rule - 9/29/06
- Non-Pollock CP Proposed Rule - 8/11/06 (PDF)
- Non-Pollock Buyback EA/RIR/FRFA (PDF)
Contact:
Michael A. Sturtevant
Financial Services Division
(F/MB5)
Office of Management and Budget
NMFS, NOAA
1315
East West Highway
Silver Spring, MD 20910
(301) 713-2390