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Notice2025-240292025-12-31

Fisheries of the Exclusive Economic Zone Off Alaska; North Pacific Halibut and Sablefish Individual Fishing Quota Cost Recovery Program

Commerce Department, National Oceanic and Atmospheric Administration

Abstract

NMFS publishes the individual fishing quota (IFQ) standard prices and fee percentage for cost recovery for the IFQ Program for the halibut and sablefish fisheries of the North Pacific (IFQ Program). The fee percentage for 2025 is 2.4 percent. This action is intended to provide holders of halibut and sablefish IFQ permits with the 2025 standard prices and fee percentage to calculate the required payment for IFQ cost recovery fees due by January 31, 2026.

Action & Dates

Action
Notification of standard prices and fee percentage.
Dates
The standard prices and fee percentages are valid on December 31, 2025.

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of Commerce National Oceanic and Atmospheric Administration [RTID 0648-XF382] AGENCY: National Marine Fisheries Service (NMFS); National Oceanic and Atmospheric Administration (NOAA), Commerce. ACTION: Notification of standard prices and fee percentage. SUMMARY: NMFS publishes the individual fishing quota (IFQ) standard prices and fee percentage for cost recovery for the IFQ Program for the halibut and sablefish fisheries of the North Pacific (IFQ Program). The fee percentage for 2025 is 2.4 percent. This action is intended to provide holders of halibut and sablefish IFQ permits with the 2025 standard prices and fee percentage to calculate the required payment for IFQ cost recovery fees due by January 31, 2026. DATES: The standard prices and fee percentages are valid on December 31, 2025. FOR FURTHER INFORMATION CONTACT: Tristan Mandeville, Fee Coordinator, 907-586-7231. SUPPLEMENTARY INFORMATION: NMFS Alaska Region administers the IFQ Program in the North Pacific. The IFQ Program is a limited access system authorized by the Magnuson-Stevens Fishery Conservation and Management Act (Magnuson-Stevens Act) and the Northern Pacific Halibut Act of 1982 (Halibut Act). Fishing under the IFQ Program began in March 1995. Regulations implementing the IFQ Program are set forth at 50 CFR part 679 . In 1996, the Magnuson-Stevens Act was amended to, among other purposes, require the Secretary of Commerce to collect a fee to recover the actual costs directly related to the manage

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Full Document

Citation: 90 FR 61380