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DOC/NOAA | RIN: 0648-BI18 | Publication ID: Spring 2021 |
Title: Atlantic Surfclam and Ocean Quahog Excessive Shares Amendment (Amendment 20) | |
Abstract:
In response to action by the Mid-Atlantic Fishery Management Council, this action would amend the Council's Atlantic Surfclam and Ocean Quahog Fishery Management Plan (FMP) to establish caps on the amount of quota share and annual cage tags that an entity could hold in the surfclam and ocean quahog individual transferable quota (ITQ) fisheries. This action aims to prevent any particular individual, corporation, or other entity from acquiring an excessive share of ITQ privileges, consistent with National Standard 4 of the Magnuson-Stevens Fishery Conservation and Management Act. The caps approved by the Council are above any current holdings, and this action would not require anyone to divest their current quota share and is expected to have minimal economic impact, if any. Periodic review of the excessive shares caps would be required to ensure they remain effective and appropriate. This action would also adjust the frequency of multi-year specifications actions to better align with the expected frequency of stock assessments, and would update the goals and objectives of the FMP. |
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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 |
CFR Citation: 50 CFR 648 | |
Legal Authority: 16 U.S.C. 1801 et seq. |
Legal Deadline:
None |
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Timetable:
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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: Michael Pentony Regional Administrator, Greater Atlantic Region Department of Commerce National Oceanic and Atmospheric Administration 55 Great Republic Drive, Gloucester, MA 01930 Phone:978 281-9283 Email: michael.pentony@noaa.gov |