Pub. L. 110-161, div. B, tit. I, sec. 111

Pub. L. 110-161, div. B, tit. I, sec. 111

EnactedYear: 2007Length: 208 wordsOfficial source
Sec. 111. (a) The Secretary of Commerce is authorized to provide compensation to fishery participants who will be displaced by the 2011 fishery closure resulting from the creation by Presidential proclamation of the Papaha̅naumokua̅kea Marine National Monument.(b) The Secretary shall promulgate regulations for the voluntary capacity reduction program that:(1) identifies eligible participants as those individuals holding commercial Federal fishing permits for either lobster or bottomfish in the designated waters within the Papaha̅naumokua̅kea Marine National Monument;(2) provides a mechanism to compensate eligible participants for no more than the economic value of their permits;(3) at the option of each eligible permit holder, provides an optional mechanism for additional compensation based on the value of the fishing vessel and gear of such participants who so elect to receive these additional funds, provided that the commercial fishing vessels of such participants will not be used for fishing.121 STAT. 1894(c) There is authorized to be appropriated to the National Oceanic and Atmospheric Administration’s National Marine Fisheries Service, $6,697,500 for fiscal year 2008.(d) Nothing in this section is intended to enlarge or diminish Federal or State title, jurisdiction, or authority with respect to the waters of the Northwestern Hawaiian Islands or the tidal or submerged lands under any provision of State or Federal law.
Pub. L. 110-161, div. B, tit. I, sec. 111 | Justis AI