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[Federal Register Volume 89, Number 231 (Monday, December 2, 2024)]
[Notices]
[Pages 95184-95185]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-28144]

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DEPARTMENT OF COMMERCE

National Oceanic and Atmospheric Administration

[RTID 0648-XE486]

Fishing Capacity Reduction Program for the Pacific Coast 
Groundfish Fishery

AGENCY: National Marine Fisheries Service (NMFS), National Oceanic and 
Atmospheric Administration, Commerce.

ACTION: Notice of fee rate adjustment.

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SUMMARY: NMFS issues this notice to decrease the fee rate to 2.25 
percent for the Pacific Coast Groundfish fee-share fishery to repay the 
$28,428,718.88 Groundfish sub-loan of the $35,662,471 reduction loan 
that financed the Pacific Coast Groundfish fishing capacity reduction 
program.

DATES: The fee rate decrease for the Pacific Coast Groundfish fishery 
will begin on landings starting on January 1, 2025. The first due date 
for fee payments with the decreased rate will be February 14, 2025.

ADDRESSES: Send questions about this notice to William Fritz, Financial 
Assistance Specialist, Financial Services Division, National Marine 
Fisheries Service, 1315 East-West Highway, Silver Spring, MD 20910-
3282.

[[Page 95185]]

FOR FURTHER INFORMATION CONTACT: William Fritz, (301) 427-8078.

SUPPLEMENTARY INFORMATION:

I. Background

    Sections 312(b) through (e) of the Magnuson-Stevens Fishery 
Conservation and Management Act (16 U.S.C. 1861a (b) through (e)) 
generally authorizes fishing capacity reduction programs. In 
particular, section 312(d) authorizes industry fee systems for repaying 
reduction loans that finance reduction programs. Subpart L of 50 CFR 
part 600 is the framework rule generally implementing section 312(b) 
through (e). Sections 1111 and 1112 of the Merchant Marine Act, 1936 
(46 App. U.S.C. 1279f and 1279g) generally authorizes reduction loans.
    Enacted on February 20, 2003, section 212 of division B, title II, 
of Public Law 108-7 (section 212) specifically authorizes a fishing 
capacity reduction program for that portion of the limited entry trawl 
fishery under the Pacific Coast Groundfish Fishery Management Plan 
whose permits, excluding those registered to whiting catcher-
processors, are endorsed for trawl gear operation (reduction fishery).
    The reduction program's objective was to reduce the number of 
vessels and permits endorsed for the operation of groundfish trawl 
gear. The program also involved corollary fishing capacity reduction in 
the California, Oregon, and Washington fisheries for Dungeness crab and 
pink shrimp and the sub-loans for these State fisheries have all been 
repaid.
    NMFS proposed the implementing notice on May 28, 2003 (68 FR 31653) 
and published the final notice on July 18, 2003 (68 FR 42613). NMFS 
allocated a $28,428,719 reduction loan to the groundfish fishery. The 
allocation became a reduction loan repayable by fees from the 
groundfish fishery.
    NMFS published in the Federal Register on July 13, 2005 (70 FR 
40225), the final rule to implement the industry fee system for 
repaying the program's reduction loan. The regulations implementing the 
program are located at 50 CFR part 600 subpart M. On August 8, 2005, 
NMFS published in the Federal Register (70 FR 45695) a notice of the 
fee effective date and established September 8, 2005 as the effective 
date when fee collection and loan repayment began.

II. Purpose

    The purpose of this notice is to adjust, in accordance with the 
framework rule's Sec.  600.1013(b), the fee rate for the groundfish 
fishery. Section 600.1013(b) directs NMFS to recalculate the fee rate 
that will be reasonably necessary to ensure reduction loan repayment 
within the specified 30-year term. NMFS has determined that the current 
fee rate of 3.5 percent for the groundfish fishery is projected to 
collect more than the annual amortization amount needed for 2025. 
Therefore, NMFS is decreasing the fee rate to 2.25 percent for all 
landings beginning January 1, 2025.
    Fish buyers may continue to disburse collected fee deposits to NMFS 
by using https://www.pay.gov or by mailing payments to our lockbox. Our 
lockbox's address is: ``NMFS Pacific Coast Groundfish Buyback Loan, 
P.O. Box 979008, St. Louis, MO 63197-9000. Fish buyers must include the 
fee collection report with the fee payment. Fish buyers using https://www.pay.gov will find an electronic fee collection report form. Fish 
buyers not using https://www.pay.gov may also access the NMFS website 
for a copy of the fee collection report at: https://www.fisheries.noaa.gov/national/funding-and-financial-services/pacific-coast-groundfish-buyback.

III. Notice

    The new 2.25 percent fee rate for the groundfish fishery will begin 
for all landings starting January 1, 2025. From and after this date, 
all groundfish program fish sellers paying fees shall begin paying 
groundfish program fees at the revised rate. The first due date for fee 
payments with the decreased rate will be February 14, 2025.
    Fee collection and submission shall follow previously established 
methods in Sec.  600.1013 of the framework rule and in the final fee 
rule published in the Federal Register on July 13, 2005 (70 FR 40225).
    Authority: The authority for this action is Pub. L. 107 206, Pub. 
L. 108 7, 16 U.S.C. 1861a (b) through (e), and 50 CFR 600.1000 et seq.

    Dated: November 22, 2024.
Brian T. Pawlak,
Chief Financial Officer/Chief Administrative Officer, Director, Office 
of Management and Budget, NOAA Fisheries.
[FR Doc. 2024-28144 Filed 11-29-24; 8:45 am]
BILLING CODE 3510-22-P
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