Tuesday, January 16, 2018

Cook Inlet permit buyback proposed

State Sen. Peter Micciche, R-Soldotna, has introduced legislation to establish a buyback program for eastside Cook Inlet setnet permits.

Some of the most interesting details of the proposal are on Page 5 of the bill.

3 comments:

Miscellaneous said...

So with the first right of refusal the state will be the buyer of any permits offered for sale as any other buyer would have to outbid the state. A defacto sunsetting of the fishery as the next 40% of permits changing hands must be state retired.

Christine said...

How is this to be paid for? By the remaining fishermen in the fishery? By means of an exvessel tax on the fishermen collected by processors and distributed to DOR?

Anonymous said...

was there an optimum number of permit study? where will the initial funding come from? and yes will the remaining fishermen pay for this? lots of questions, no answers here, of course.