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Final Amendment 24 to the Reef Fish Fishery Management Plan for Reef Fish Resources in the Gulf of Mexico
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2005
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Alternative Title:Includes Regulatory Impact Review, Initial Regulatory Flexibility Analysis, and Environmental Assessment
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Description:A moratorium on the issuance of new commercial reef fish permits was established in 1992, primarily to address the overfishing of red snapper, and was intended to last for 3 years. Another major purpose of the moratorium, when it was first implemented under Amendment 4 to the Reef Fish Fishery Management Plan (FMP), was to provide a stable environment in the fishery for evaluation and development of a more comprehensive, controlled access system for the entire commercial reef fish fishery. The moratorium was subsequently extended in 1995 through implementation of Amendment 9 that established a 5-year moratorium and again by Amendment 11 that further extended the moratorium until December 31, 2000, thereby providing time for consideration of implementing a limited access system in the reef fish fishery. During this period, the Council developed an individual transferable quota (ITQ) system for red snapper (Amendment 8); however, before it could be implemented, Congress prohibited the implementation of ITQ systems until October 1, 2000. Subsequently, the Council developed and NMFS implemented a license limitation system for red snapper (Amendment 15). Amendment 17 was implemented by NMFS on August 10, 2000, and extended the commercial reef fish permit moratorium for another 5 years, from its previous expiration date of December 31, 2000 to December 31, 2005, or until replaced with a license limitation, limited access, and/or individual fishing quota or individual transferable quota system.
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Rights Information:Public Domain
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Compliance:Submitted
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