12 Jun 2025
🎣Summer Flounder Quota Transfer Regulation Impacting NC and VA Fisheries
Fisheries of the Northeastern United States; Summer Flounder Fishery; Quota Transfer From North Carolina to Virginia
Summary
NMFS announces that the State of North Carolina is transferring a portion of its 2025 commercial summer flounder quota to the Commonwealth of Virginia. This adjustment to the 2025 fishing year quota is necessary to comply with the Summer Flounder, Scup, and Black Sea Bass Fishery Management Plan (FMP) quota transfer provisions. This announcement informs the public of the revised 2025 commercial quotas for North Carolina and Virginia.
Agencies
- Commerce Department
- National Oceanic and Atmospheric Administration
Business Impact
$$ - Med
The regulation involves the transfer of commercial fishing quotas, impacting businesses engaged in the summer flounder fishery in North Carolina and Virginia. Compliance with quota management rules based on the Magnuson-Stevens Act has financial implications for fishing companies.