CSHB 484(FSH): "An Act allowing for revenue received from issuance of additional entry permits to be appropriated for reimbursement to salmon fishery associations."
00 CS FOR HOUSE BILL NO. 484(FSH) 01 "An Act allowing for revenue received from issuance of additional entry permits to be 02 appropriated for reimbursement to salmon fishery associations." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 16.43.330 is amended by adding a new subsection to read: 05 (c) If a salmon fishery association qualified under AS 16.40.250 takes part in a 06 fleet reduction program by expending money or incurring debt to contract with permit 07 holders to relinquish the holders' entry permits under AS 16.43.150(i), and if this 08 section requires additional permits to be issued for the same fishery in which the fleet 09 reduction program was implemented, the legislature may appropriate any resulting 10 revenue to the association for reimbursement of money expended or to retire any 11 outstanding debt incurred for fleet reduction purposes.