11 Apr 2025

🐟Cost Recovery Fee Notice for Central Gulf of Alaska Rockfish Program

Fisheries of the Exclusive Economic Zone Off Alaska; Groundfish of the Gulf of Alaska; Central Gulf of Alaska Rockfish Program Cost Recovery Fee Notice

Summary

NMFS publishes the standard ex-vessel prices and fee percentage for cost recovery under the Central Gulf of Alaska (GOA) Rockfish Program (Rockfish Program). This action is intended to provide participants in a rockfish cooperative with the standard prices and fee percentage for the 2024 fishing year, which was authorized from May 1 through November 15. The fee percentage is 3.00 percent. The fee payments were due from each rockfish cooperative on or before February 15, 2025.

Agencies

  • Commerce Department
  • National Oceanic and Atmospheric Administration

Business Impact ?

$$$ - High

The regulation specifies a 3% cost recovery fee on the ex-vessel value of rockfish for cooperatives, impacting financial planning and compliance for businesses involved in rockfish harvesting. Non-payment restricts quota transfer rights and future quota access, indicating significant financial stakes.

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