Regulatory Impact Review for a Temporary Rule to Allow Flexibility for Halibut and Sablefish Individual Fishing Quota (IFQ) Transfers in 2020
August 11, 2020
Analysis of an emergency rule to modify the halibut and sablefish Individual Fishing Quota (IFQ) Program to allow quota share (QS) holders to temporarily transfer their IFQ to an eligible individual for harvest.
This Regulatory Impact Review evaluates the costs and benefits of an emergency rule to modify the halibut and sablefish Individual Fishing Quota (IFQ) Program. The rule would provide flexibility for quota share (QS) holders to temporarily transfer their IFQ to an eligible individual to harvest their IFQ. This emergency rule would apply only to catcher vessel QS that is held by individuals. Any individual who holds B, C, or D vessel class QS would be able to temporarily transfer their IFQ during the remaining 2020 IFQ fishing season. This action would not modify any additional restrictions on IFQ transfers.