Search Results for keywords:"cost recovery fee"

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Search Results: keywords:"cost recovery fee"

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  • 2025-06187 — Fisheries of the Exclusive Economic Zone Off Alaska; Groundfish of the Gulf of Alaska; Central Gulf of Alaska Rockfish Program Cost Recovery Fee Notice
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    Type:Notice
    Citation:90 FR 15450
    Reading Time:about 4 minutes

    The National Marine Fisheries Service is announcing the standard prices and the fee percentage for cost recovery for the Central Gulf of Alaska Rockfish Program for the 2024 fishing year, which runs from May 1 to November 15. The fee percentage is set at 3.00 percent, which is the maximum allowable by law, even though the calculated cost recovery rate was higher. These fees are used to cover management and enforcement costs and must be paid by February 15, 2025. The significant increase in program costs and the decrease in fishery value led to the higher calculated recovery rate.

    Simple Explanation

    The government says that fishermen in a special part of Alaska need to pay a small fee, like a tiny part of what they earn, to help cover costs for taking care of the fish and areas they catch them from. This fee helps make sure there are enough fish and that the rules are followed.

  • 2024-29581 — Fisheries Off West Coast States; Pacific Coast Groundfish Fishery; Trawl Rationalization Program; 2025 Cost Recovery Fee Notice
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    Type:Notice
    Citation:89 FR 101568
    Reading Time:about 5 minutes

    The National Marine Fisheries Service (NMFS) released details on the 2025 cost recovery fee percentages for the Pacific Coast Groundfish Trawl Rationalization Program. The fee percentages are set for different sectors: 3.0% for the Shorebased Individual Fishing Quota (IFQ) Program, 0.1% for the Catcher/Processor (C/P) Co-op Program, and 3.0% for the Mothership (MS) Co-op Program. The fees are used to recover costs associated with managing and enforcing these fishing programs. Additionally, the average 2025 price for Pacific whiting, used in fee calculations for the C/P Co-op Program, is set at $0.09 per pound.

    Simple Explanation

    The government is telling fishing people how much money they need to pay back because of the fishing rules. For 2025, they need to pay a small part of what they earn, like $0.09 for each pound of a type of fish called Pacific whiting, to help cover the costs of keeping everything fair and safe.

  • 2021-02334 — Fisheries of the Exclusive Economic Zone Off Alaska; Groundfish of the Gulf of Alaska; Central Gulf of Alaska Rockfish Program
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    Type:Notice
    Citation:86 FR 8180
    Reading Time:about 4 minutes

    The National Marine Fisheries Service (NMFS) has published a notice detailing the standard prices and fee percentage for cost recovery under the Central Gulf of Alaska (GOA) Rockfish Program. The program's cost recovery fees cover management and enforcement costs and are capped at 3% of the ex-vessel value of harvested rockfish. For 2020, despite the actual costs being 3.66%, the fee percentage has been set at 3.0%, the same as in 2019, due to legal restrictions. The decrease in fishery value from the previous year resulted in a higher fee percentage calculation before adjustments.

    Simple Explanation

    In the Central Gulf of Alaska, people who catch rockfish have to pay a fee that is 3% of what their fish are worth when sold. This helps cover costs like overseeing the fishing program, and even though the real expenses were a bit higher, they can't charge more than 3% because of the rules.