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Author Topic: fisheries permits owned by Alaskans The Bristol Bay Times | Feb 06, 2012 Related  (Read 1858 times)

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fisheries permits owned by Alaskans
The Bristol Bay Times | Feb 06, 2012
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House Bill 261 aims to increase the amount of Alaska fisheries permits owned by actual Alaskans. It would modify the Commercial Fishing Loan Act to permit loans at 2 percent below the prime rate.

The benefit would only be available to Alaska residents who do not qualify for assistance from commercial banks. It also seeks to better reflect market permit prices of late, by increasing the maximum loan amount from $100,000 to $200,000.

The majority of the House Fisheries Committee gave their recommendations to approve the bill last Thursday. Next it will pass through the House Finance Committee.

Bryce Edgmon of Dillingham is one of the bill's sponsors.

Read the sponsors' statement for House Bill 261 here.

This article was originally published by The Bristol Bay Times/Dutch Harbor Fisherman and is reprinted here with permission.

http://www.alaskadispatch.com/article/house-bill-aims-increase-alaska-fisheries-permits-owned-alaskans

 

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