NMFS Proposes Amendment to Individual Fishing Quota Program for Pacific Halibut and Sablefish Fisheries in Alaska

Summary

The National Marine Fisheries Service (NMFS) is proposing a regulatory amendment to the Individual Fishing Quota (IFQ) Program to allow heirs of deceased quota share (QS) or IFQ holders to transfer their quotas to other eligible individuals for up to 3 years after the holder's death, providing temporary financial relief for the heirs.