Central Gulf of Alaska Rockfish Program Cost Recovery Fee Notice
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law establishes the cost recovery fee for participants in the Central Gulf of Alaska Rockfish Program, which is set at 3.00 percent of the standard ex-vessel value for the fishing year 2025. The fee payments from each rockfish cooperative are due by February 15, 2026. The program regulates rockfish fisheries in federal waters near Kodiak, Alaska, and aims to recover costs related to the management and enforcement of the fishery.
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Key Changes
- Establishment of cost recovery fee at 3.00 percent for 2025 fishing year.
- Fees are due from each rockfish cooperative by February 15, 2026.
- Standard ex-vessel prices provided for various rockfish species.
Obligations
What this law requires
Rockfish cooperatives must pay cost recovery fees by February 15, 2026 for the 2025 fishing year at a rate of 3.00 percent of the standard ex-vessel value of rockfish primary and secondary species harvested
Rockfish processors must submit annual volume and value reports for rockfish primary and secondary species cooperative quota landings for the period April 1 to November 15
NMFS must publish rockfish standard ex-vessel values during the first quarter of each calendar year describing prices in U.S. dollars per pound for rockfish primary and secondary species cooperative quota landings
Failure to pay cost recovery fees by February 15 results in the permit holder's rockfish quota share becoming non-transferable and ineligibility to receive additional rockfish quota share by transfer
Cooperative members will not receive any rockfish cooperative quota in the following year until full payment of the cost recovery fee is received by NMFS