National Marine Fisheries Service (NMFS), National Oceanic and Atmospheric Administration (NOAA), Commerce.
Notice of sub-loan repayment.
NMFS issues this notice to inform interested parties that the Start Printed Page 11560Washington coastal Dungeness crab sub-loan in the Pacific Coast Groundfish Capacity Reduction (Buyback) Program has been repaid. Therefore, Buyback fee collections on Washington coastal Dungeness crab sub-loan will cease for all landings after January 31, 2017.
Comments must be submitted on or before 5 p.m. EST March 13, 2017.
Send comments about this notice to Paul Marx, Chief, Financial Services Division, NMFS, Attn: Washington coastal Dungeness crab Buyback, 1315 East-West Highway, Silver Spring, MD 20910 (see FOR FURTHER INFORMATION CONTACT).
Start Further Info
FOR FURTHER INFORMATION CONTACT:
Michael A. Sturtevant at (301) 427-8782 or Michael.A.Sturtevant@noaa.gov.
End Further Info
Start Supplemental Information
On November 16, 2004, NMFS published a proposed rule in the Federal Register (69 FR 67100) proposing to implement an industry fee system for repaying the Washington coastal Dungeness crab Buyback sub-loan. The final rule was published July 13, 2005 (70 FR 40225) and fee collection began on September 8, 2005. Interested persons should review these for further program details.
The Washington coastal Dungeness crab Buyback sub-loan in the amount of $369,425.93 will be repaid in full upon receipt of buyback fees on landings through January 31, 2017. NMFS has received $620,742.30 to repay the principal and interest on this sub-loan since fee collection began September 8, 2005. Based on Buyback fees received to date, landings after January 31, 2017, will not be subject to the Buyback fee. Therefore, Buyback fees will no longer be collected in the Washington coastal Dungeness crab fishery on future landings.
Buyback fees not yet forwarded to NMFS for Washington coastal Dungeness crab landings through January 31, 2017, should be forwarded to NMFS immediately. Any overpayment of Buyback fees submitted to NMFS will be refunded on a pro-rata basis to the fish buyers based upon best available fish ticket landings data. The fish buyers should return excess Buyback fees collected to the harvesters, including Buyback fees collected but not yet remitted to NMFS for landings after January 31, 2017. Any discrepancies in fees owed and fees paid must be resolved immediately. After the sub-loan is closed, no further adjustments to fees paid and fees received can be made.
End Supplemental Information
Dated: February 17, 2017.
Brian T. Pawlak,
CFO/Director, Office of Management and Budget, National Marine Fisheries Service.
[FR Doc. 2017-03597 Filed 2-23-17; 8:45 am]
BILLING CODE 3510-22-P