Search Results for keywords:"fee percentage"

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Search Results: keywords:"fee percentage"

  • 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.

  • Type:Notice
    Citation:89 FR 105006
    Reading Time:about 5 minutes

    The National Marine Fisheries Service (NMFS), part of the National Oceanic and Atmospheric Administration (NOAA), has set a 3.0% fee percentage for 2024 under the Individual Fishing Quota (IFQ) Program for halibut and sablefish in the North Pacific. This fee helps cover the costs involved in managing and enforcing the program. Fishermen must calculate their fees based on this percentage and the value of their catch, which they need to pay by January 31, 2025. Although management costs decreased, a significant drop in total fishery value keeps the fee percentage at this capped rate.

    Simple Explanation

    In 2024, fishermen catching certain fish in Alaska have to pay a small fee, 3% of what they earn, to help cover the cost of managing the fishing rules, and they must pay this fee by early 2025.

  • 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.