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2010-09-22
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Fishing Capacity Reduction Program for the Longline Catcher Processor Subsector of the Bering Sea and Aleutian Islands Non-pollock Groundfish Fishery
Part V
Proposed Rules
D09002ee1bde14b0a
D09002ee1bde14c5d
United States
Department of Commerce
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org
United States Government Agency or Subagency
United States
National Oceanic and Atmospheric Administration
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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
Code of Federal Regulations
Title 50 Part 600
50 CFR Part 600
Regulation Identification Number 0648-AU42
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
Federal Register
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
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2010-09-22
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FR-2006-08-11
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FR-2006-08-11
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