Search Results for keywords:"fee rate adjustment"

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Search Results: keywords:"fee rate adjustment"

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  • 2024-28163 — Fishing Capacity Reduction Program for the Longline Catcher Processor Subsector of the Bering Sea and Aleutian Islands Non-Pollock Groundfish Fishery
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    Type:Notice
    Citation:89 FR 95185
    Reading Time:about 3 minutes

    The National Marine Fisheries Service (NMFS) has announced a decrease in the fee rate for a loan financing the reduction of fishing capacity in the Bering Sea and Aleutian Islands non-pollock groundfish fishery. Starting January 1, 2025, the fee for Loan A will reduce from $0.020 to $0.016 per pound, while Loan B will remain at $0.001 per pound. This rate adjustment ensures that the loans are repaid on time based on current fish catch projections and financial requirements. Fee payments at the new rate are due by February 15, 2025.

    Simple Explanation

    The people who take care of fishy business decided to lower the money fishers have to pay for a special loan when they catch certain types of fish in the big ocean near Alaska, making it easier for them to pay back what they owe. Starting next year, fishers will pay a little less when they catch these fish, but the price stays the same for other types of loans.

  • 2024-28144 — Fishing Capacity Reduction Program for the Pacific Coast Groundfish Fishery
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    Type:Notice
    Citation:89 FR 95184
    Reading Time:about 3 minutes

    The National Marine Fisheries Service (NMFS) announced a change in the fee rate for the Pacific Coast Groundfish fishery to help repay a loan related to their fishing capacity reduction program. Starting January 1, 2025, the fee rate will be lowered from 3.5% to 2.25% for all groundfish landings. This adjustment is necessary to make sure the loan is paid off within the planned 30-year period. Payments for these fees will be due by February 14, 2025.

    Simple Explanation

    The government wants to help fishers pay back a big loan they took to catch fish more responsibly, so they're making it cheaper for them by lowering the fee they pay each time they bring fish to shore. This means fishers will have more money left to pay other bills, starting next year.

  • 2021-01341 — Order Making Fiscal Year 2021 Annual Adjustments to Transaction Fee Rates
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    Type:Notice
    Citation:86 FR 6694
    Reading Time:about 13 minutes

    The Securities and Exchange Commission (SEC) announced the fiscal year 2021 adjustments to transaction fee rates under Sections 31(b) and (c) of the Securities Exchange Act of 1934. These fee rates are applied based on the total dollar amount of sales of certain securities, either on a national securities exchange or through members of a national securities association. The new fee rate is set at $5.10 per million dollars starting February 25, 2021. This rate aims to cover the SEC’s annual budget of $1,926,162,000, as specified in the Consolidated Appropriations Act, 2021.

    Simple Explanation

    The SEC decided that starting February 25, 2021, they would charge $5.10 for every million dollars of certain stocks sold to help pay their $1.9 billion budget. This plan uses complicated math which some people might find hard to understand.