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

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NMFS issues this notice to inform the public that there will be a decrease of the fee rate required to repay the reduction loan financing the Southeast Alaska Purse Seine Salmon Fishing Capacity reduction program. Effective June 1, 2023, NMFS is decreasing the Loan B fee rate to one percent of landed value to ensure timely repayment of the loan. The fee rate for Loan A will remain unchanged at one percent of landed value.