28 Jul 2025
🦀Notification of 1.2% Fee for Bering Sea Crab Rationalization Program
Fisheries of the Exclusive Economic Zone Off Alaska; Bering Sea and Aleutian Islands Crab Rationalization Cost Recovery Program
Summary
NMFS publishes notification of a 1.2 percent fee for cost recovery under the Bering Sea and Aleutian Islands Crab Rationalization Program (Program). This action is intended to provide holders of crab allocations notice of the 2025/2026 crab fishing year fee percentage so they can calculate the required cost recovery fee payment, which must be submitted to NMFS by July 31, 2026.
Agencies
- Commerce Department
- National Oceanic and Atmospheric Administration
Business Impact
$$ - Med
The notification of a 1.2% fee for the crab rationalization program represents a regulatory requirement for businesses holding crab allocations. Business owners must prepare to remit this fee by July 31, 2026, affecting their financial planning. Furthermore, understanding cost recovery mechanisms can influence pricing strategies.