Fishing Capacity Reduction Program Buyback Requests
Revision of a currently approved collection
No
Regular
06/14/2021
Requested
Previously Approved
36 Months From Approved
07/31/2021
1,410
5,374
1,020
15,579
1,026
1,597
This is a request for revision and extension of a currently approved collection. The National Marine Fisheries Service (NMFS) manages the capacity reduction loans issued in accordance with fishing capacity reduction programs to prevent or end overfishing, rebuild stocks of fish, or achieve measurable or significant improvements in the conservation and management of the fishery. Under the authority of section 312(b) of the Magnuson-Stevens Fishery Conservation and Management Act (Magnuson-Stevens Act), the Secretary may buy back vessels and/or fishing permits in order to obtain the maximum sustained reduction in fishing capacity at the least cost and in a minimum period of time. Funding for such programs is authorized under Section 312(c) of the Magnuson-Stevens Act and allows NMFS to obtain funding under authorization of the Saltonstall-Kennedy Act, through specific appropriations, from industry fee systems, and from public, private, or non-profit sources. This information collection previously included five (5) additional types of information collection requirements. These are being removed from this renewal as they are associated with loan creation, and no new loans are anticipated going forward.
PL:
Pub.L. 104 - 297 312
Name of Law: Magnuson-Stevens Fishery Conservation and Management Reauthorization Act
Several ICs are being removed in this revision as no new loan programs or costs associated are anticipated in the future. There is also a significant reduction in burden due to the paying off of the AFA Pollock buyback loan in 2020.
$42,142
No
Yes
Yes
No
No
No
No
Kristin Fonte 301 427-8727
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.