Fishing Capacity Reduction Program for the Southeast Alaska Purse Seine Salmon Fishery

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NMFS issues this notice to establish the effective date of fees to repay the $13,133,030 reduction loan to finance a fishing capacity reduction program in the Southeast Alaska purse seine salmon fishery. NMFS conducted a referendum to approve the reduction loan repayment fees of $13,133,030 to remove 64 permits, which post- reduction harvesters will repay over a 40-year period. NMFS has tendered reduction payments to the selected bidders.