82 FR 60969 - Fishing Capacity Reduction Program for the Pacific Coast Groundfish Fishery

DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric Administration

Federal Register Volume 82, Issue 246 (December 26, 2017)

NMFS issues this notice to decrease the fee rate to 4.5 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.

[Federal Register Volume 82, Number 246 (Tuesday, December 26, 2017)]
[Notices]
[Pages 60969-60970]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-27769]


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DEPARTMENT OF COMMERCE

National Oceanic and Atmospheric Administration

RIN 0648-XF913


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 4.5 
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 Pacific Coast Groundfish program fee rate decrease for 
groundfish fishery will begin on landings starting on January 1, 2018. 
The first due date for fee payments with the decreased rate will be 
February 14, 2018.

ADDRESSES: Send questions about this notice to Paul Marx, Chief, 
Financial Services Division, National Marine Fisheries Service, 1315 
East-West Highway, Silver Spring, MD 20910-3282.

FOR FURTHER INFORMATION CONTACT: Paul Marx, (301) 427-8871.

SUPPLEMENTARY INFORMATION: 

I. Background

    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 program. 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

[[Page 60970]]

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 $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 Sec.  600.1012 of 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 5.0 percent for the groundfish fishery is projected to 
collect more than the annual amortization amount needed for 2018. 
Therefore, NMFS is decreasing the fee rate to 4.5 percent for all 
landings beginning January 1, 2018. As of November 24, 2017, the 
outstanding balance on the groundfish fishery sub-loan was 
$22,628,122.29.
    Fish buyers may continue to disburse collected fee deposits to NMFS 
by using www.pay.gov or mail payments to our lockbox. Our lockbox's 
address is: NOAA Fisheries Pacific Coast Groundfish Buyback, P.O. Box 
979059, St. Louis, MO 63197-9000. Fish buyers must include the fee 
collection report with the fee payment. Fish buyers using www.pay.gov 
will find an electronic fee collection report form. Fish buyers not 
using www.pay.gov may also access the NMFS website for a copy of the 
fee collection report at: http://www.nmfs.noaa.gov/mb/financial_services/docs/pacific_coast_groundfish_buyback_loan_fee_collection_report.pdf.

III. Notice

    The new 4.5 percent fee rate for the groundfish fishery will begin 
for all landings starting January 1, 2018. From and after this date, 
all groundfish program fish sellers paying fees fishery shall begin 
paying groundfish program fees at the revised rate. From and after this 
date, all fees received by NMFS for the groundfish fishery shall be 
subject to the new fee rates regardless of the applicable fee month. 
The first due date for fee payments with the decreased rate will be 
February 14, 2018.
    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).

    Dated: December 19, 2017.
Samuel D. Rauch, III,
Deputy Assistant Administrator for Regulatory Programs, National Marine 
Fisheries Service.
[FR Doc. 2017-27769 Filed 12-22-17; 8:45 am]
 BILLING CODE 3510-22-P