United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2006_register executive 2010-09-22 article Part V Proposed Rules D09002ee1c80f0a6b D09002ee1c80f0b52 United States Department of Commerce originator org United States Government Agency or Subagency United States National Oceanic and Atmospheric Administration originator org United States Government Agency or Subagency This proposed rule would implement the Bering Sea and Aleutian Islands (BSAI) Catcher Processor Capacity Reduction Program (Reduction Program) for the longline catcher processor subsector of the BSAI non- pollock groundfish fishery (Reduction Fishery), in compliance with the FY 2005 Appropriations Act. This program is voluntary and permit holders of the Reduction Fishery (Subsector Members) are eligible to participate. Subsector Members must first sign and abide by not only the Capacity Reduction Agreement (Reduction Agreement) but also a Fishing Capacity Reduction Contract (Reduction Contract) with the U.S. Government. These key components of the Capacity Reduction Plan (Reduction Plan) were prepared by the Freezer Longline Conservation Cooperative (FLCC) and would be implemented by the proposed regulations. The aggregate of all Reduction Agreements and those Reduction Contracts signed by Subsector Members whose offers were accepted by \2/3\ votes of the Subsector Members, will together with the FLCC's supporting documents and rationale that these offers represent the expenditure of the least money for the greatest capacity reduction, constitute the Reduction Plan to be submitted to the Secretary of Commerce for approval. Subsector Members participating in the Reduction Program will receive up to $36 million in exchange for relinquishing valid non-interim Federal License Limitation Program BSAI groundfish licenses endorsed for catcher processor fishing activity, Catcher/Processor (C/P), Pacific cod, and hook and line gear, as well as any present or future claims of eligibility for any fishing privilege based on such permit (the Groundfish Reduction Permit) and additionally, any future fishing privilege of the vessel named on the permit. Individual fishing quota (IFQ) quota shares would be excluded from relinquishment. Following submission of the Reduction Plan and approval by the Secretary, NMFS will conduct an industry referendum to determine the industry's willingness to repay a fishing capacity reduction loan to effect the Reduction Plan. A \2/3\ majority vote in favor would bind all parties and complete the reduction process. NMFS will issue a 30-year loan to be repaid by those harvesters remaining in the Reduction Fishery. The intent of this proposed rule is to permanently reduce harvesting capacity in the Reduction Fishery. This should result in increased harvesting productivity for post-reduction Subsector Members and help with conservation and management of the Reduction Fishery. 71 FR 46364 https://www.govinfo.gov/app/details/FR-2006-08-11/06-6844 06-6844 fr11au06-32 RIN 0648-AU42 3510-22-P Docket No. 060731207-6207-01 I.D. 051706F https://www.govinfo.gov/app/details/FR-2006-08-11/06-6844 https://www.govinfo.gov/content/pkg/FR-2006-08-11/html/06-6844.htm https://www.govinfo.gov/content/pkg/FR-2006-08-11/pdf/06-6844.pdf 18 p. 46364 46381 71 FR 46364 Title 50 Part 600 50 CFR Part 600 RIN 0648-AU42 Fishing Capacity Reduction Program for the Longline Catcher Processor Subsector of the Bering Sea and Aleutian Islands Non-pollock Groundfish Fishery; Federal Register Vol. 71, Issue PRORULE 06-6844 V DEPARTMENT OF COMMERCE National Oceanic and Atmospheric Administration 2006-09-11 Docket No. 060731207-6207-01 I.D. 051706F 3510-22-P 06-6844 Proposed rule; request for comments.

This proposed rule would implement the Bering Sea and Aleutian Islands (BSAI) Catcher Processor Capacity Reduction Program (Reduction Program) for the longline catcher processor subsector of the BSAI non- pollock groundfish fishery (Reduction Fishery), in compliance with the FY 2005 Appropriations Act. This program is voluntary and permit holders of the Reduction Fishery (Subsector Members) are eligible to participate. Subsector Members must first sign and abide by not only the Capacity Reduction Agreement (Reduction Agreement) but also a Fishing Capacity Reduction Contract (Reduction Contract) with the U.S. Government. These key components of the Capacity Reduction Plan (Reduction Plan) were prepared by the Freezer Longline Conservation Cooperative (FLCC) and would be implemented by the proposed regulations. The aggregate of all Reduction Agreements and those Reduction Contracts signed by Subsector Members whose offers were accepted by \2/3\ votes of the Subsector Members, will together with the FLCC's supporting documents and rationale that these offers represent the expenditure of the least money for the greatest capacity reduction, constitute the Reduction Plan to be submitted to the Secretary of Commerce for approval. Subsector Members participating in the Reduction Program will receive up to $36 million in exchange for relinquishing valid non-interim Federal License Limitation Program BSAI groundfish licenses endorsed for catcher processor fishing activity, Catcher/Processor (C/P), Pacific cod, and hook and line gear, as well as any present or future claims of eligibility for any fishing privilege based on such permit (the Groundfish Reduction Permit) and additionally, any future fishing privilege of the vessel named on the permit. Individual fishing quota (IFQ) quota shares would be excluded from relinquishment. Following submission of the Reduction Plan and approval by the Secretary, NMFS will conduct an industry referendum to determine the industry's willingness to repay a fishing capacity reduction loan to effect the Reduction Plan. A \2/3\ majority vote in favor would bind all parties and complete the reduction process. NMFS will issue a 30-year loan to be repaid by those harvesters remaining in the Reduction Fishery. The intent of this proposed rule is to permanently reduce harvesting capacity in the Reduction Fishery. This should result in increased harvesting productivity for post-reduction Subsector Members and help with conservation and management of the Reduction Fishery.

Comments must be received by September 11, 2006. Michael A. Sturtevant at 301-713-2390, fax 301-713-1306, or michael.a.sturtevant@noaa.gov. Fishery conservation and management: Magnuson-Stevens Act provisions Bering Sea and Aleutian Islands Catcher Processor Capacity Reduction Program, 0648-AU42.FreezerLongliner@noaa.gov David_Rosker@ob.eop.gov michael.a.sturtevant@noaa.gov http://www.access.gpo.gov/su-docs/aces/aces140.html http://www.freezerlonglinecoop.org http://www.regulations.gov Vol. 71, no. 155 Office of the Federal Register, National Archives and Records Administration 2006-08-11 continuing daily deposited born digital 318 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2006-08-11 P0b002ee18094a41a 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr11au06 https://www.govinfo.gov/app/details/FR-2006-08-11 https://www.govinfo.gov/content/pkg/FR-2006-08-11/pdf/FR-2006-08-11.pdf https://www.govinfo.gov/content/pkg/FR-2006-08-11/xml/FR-2006-08-11.xml fdlp 46073 46381 DGPO 2010-09-22 2024-06-06 FR-2006-08-11 machine generated eng FR FR-2006-08-11 71 155