NOAA Announces Another Buyout for Southeast Alaska Purse Seiners to Remove an Additional 36 Licenses
NOAA announced that a second buyout would take place in the Southeast Alaska salmon purse seine fishery.
in 2011, Congress approved loans of up to $23.5 million for a buyout program, and existing permit holders voted to support a loan of $13.1 million to buyback 64 licenses.
in 2018, the Southeast Revitalization Association submitted a request to NOAA to use the remainder of the funds, $10.4 million, to fund another buyout round.
NOAA will hold a referendum among the...
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