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.