The bill establishes a framework for the creation and operation of regional fishery development associations in Alaska, which are intended to foster the development of new fisheries. It requires the commissioner to assist in forming these nonprofit associations, which must represent commercial fishermen and fish processors. The bill sets forth criteria for qualifying associations, including the necessity for a representative board of directors and the ability to identify developing fisheries based on specific conditions, such as unassessed fish stocks or recent commercial harvests. Additionally, it introduces a developing fishery management assessment based on the value of fishery resources taken from designated areas, with rates determined through elections by the associations.
Moreover, the bill outlines the procedures for collecting and managing the developing fishery management assessment, stipulating that a majority of eligible permit holders must approve its continuation. It places responsibilities on buyers of fishery resources to collect and remit the assessment to the Department of Revenue quarterly. The collected funds will be deposited in the state treasury and allocated to qualified regional fishery development associations for managing and researching fisheries in designated areas. The Department of Fish and Game is tasked with developing an annual operating plan with these associations, ensuring transparency through annual financial reports and audits. Overall, the legislation aims to improve the management and sustainability of developing fisheries in Alaska while ensuring proper oversight of the generated funds.
Statutes affected:
HB0032A, AM HB 32, introduced 01/10/2025: 16.43.100, 16.43.210, 16.43.020, 37.05.146, 43.76.150, 43.76.220, 43.76.281, 43.76.300, 43.76.283, 16.40.255