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DOC/NOAA RIN: 0648-BG80 Publication ID: Fall 2017 
Title: Harvesting Rights Lending Program 
Abstract:

The National Marine Fisheries Service proposes regulations to expand the Fisheries Finance Program's authority to provide fisheries loans. The new authority was provided by the Coast Guard Authorization Act of 2015, and would allow the Fisheries Finance Program to finance the purchase and transfer of harvesting rights in limited access fisheries that are under Federal management. This new authority would not affect the current Individual Fishing Quota lending program, which is limited to Halibut/Sablefish and Bering Sea and Aleutian Islands Crab at present. The new authority would open up any federally-issued harvesting rights in limited access fisheries to being financed through the Fisheries Finance Program. The new authority is provided within the existing, authorized lending authority, with $59 million in lending set aside for the Fisheries Finance Program's traditional purposes, i.e., financing vessels, facilities, or aquaculture.

 
Agency: Department of Commerce(DOC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Deregulatory 
CFR Citation: 50 CFR 253   
Legal Authority: 16 U.S.C. 1801 et seq.   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/00/2017 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Brian Pawlak
Department of Commerce
National Oceanic and Atmospheric Administration
1315 East-West Highway,
Silver Spring, MD 20910
Phone:301 427-8621
Email: brian.t.pawlak@noaa.gov