State Rep. Chris Tuck, D-Anchorage, has introduced a bill relating to "the delegation of authority to fish under a limited entry commercial fishing permit."
This bill seeks to authorize the full-on leasing of limited entry permits, for any reason. Limited short term medical transfers become virtually meaningless.
As the permit holders age, this gives them an opportunity to sit out their retirement years in Tuscon or Maui, sipping pretty blue drinks, instead of making the permits for sale to the new generation.
Another Republican effort to make it harder for young people to enter our fisheries. Meanwhile some of us are trying to help young people with crew programs like ALFA's Crew Apprentice Program. I was in Maine and learned about their lobster programs where young people can start acquiring pots and working their way into the fishery without a huge capital outlay to buy their parents or others out.
I oppose this bill. Lets be good stewards by sustaining the fisheries and providing reasonable opportunity for young people to enter the fishery based on their desire, initiative, labor, and creativeness, instead of their access to capital.
Good way for a young fisherman to buy a permit, without all the BS required from the State, or CFAB. All the other ideas from our brain trust politicians over the past 10 years have flopped. It's the only legally defined state privilege on the planet that's for sale. Look around the State today, they can't even keep the Blue Canoe's running. How's that privilege working out, with a AWOL State Ferry?
FYI, nothing prevents a lease of a permit between two people as long as the lease doesn't involve repossession of the permit. e.g. you can give your permit to your kid, he can fish it, and he can cut you a check for use of the permit. Nothing wrong with that under the law.
What is wrong - for good reason - is Sharecropper Leasing. You continue to hold the permit, then hire someone to do the work for you.
The owner onboard provision of limited entry is HUGE. Without it, a Dentist in Kansas City can easily find out he could buy a Bay permit or NSEI blackcod permit and get a way better return on his investment than he can in mutual funds. And he can do it while sitting at home, watching the Chiefs pre-season games.
Guess whose pushing this piece of crap bill? Not young guys trying to start a career fishing. Not at all. It's the Gray Haired dudes of the Graying of the Fleet, trying to scam a cushy retirement.
This year, the 2020 Young Fishermans Summit was timed to coincide with the start of the Alaska State Legislature regular session in Juneau. Some of you posters obviously haven't been keeping up with the news, strait out of the Summit, us young guys know whats going on. https://alaskaseagrant.org/event/2020-alaska-young-fishermens-summit/
Your link doesn't show anything about leasing permits.
Just curious if the Young Fishermen's group decided that this was a good idea? I can see that having more permits to lease could make it easier to get started. But it might make the permits much more expensive to buy. I would never sell my permits if I knew I could have income for the rest of my life without working. And I would will that property to my kids when I die.
Leasing is illegal now Mattlorig, as explained on the top of all transfer forms at the CFEC. "Limited Entry Permits cannot be; Leased, Pledged, Mortgaged, Attached, Distrained, Transferred with any retained right of repossession, Encumbered in any way, or on any condition requiring subsequent transfer." And you would will that property to you kids when you die? It's not property at all in a legal sense, it's a privilege. Will you also will your drivers license to you kids when you die? The Entry Commission can revoke any permit without compensation. Just like the Department of Licensing can revoke your drivers license. That valuation is highly questionable, regarding certain fisheries that were revoked into extinction under Alaska's Commercial Fisheries Entry Act. See; Matson v. CFEC, 785 P.2d 1200 (Alaska 1990), when the Limited Entry Act Revoked, the S.E. Salmon Set Net Fishery. I notice those set netters didn't get to will that property to their kids when they died? In December 1972, the Board of Fish and Game eliminated the set net fishery. Back when the Board understood why England banned set nets and fish traps in 1215, so eloquently explained in that Magna Carta. Fish Much? https://www.courtlistener.com/opinion/1138782/matson-v-commercial-fish-entry-comn/
Pointing out the language as the transfer form is cute, but in practice the feds do not enforce that language. In fact, NMFS maintains a list of encumbrances including banks, individuals, and goverment agencies. It is a commonly known fact that banks issue mortgages against quota. You can check it out yourself
That's cute, but this is about state legislation regarding limited entry permits. You're federal quota isn't controlled by Juneau. Dunleavy isn't in the White House. When speaking cute, what school district did you actually attend?
This bill seeks to authorize the full-on leasing of limited entry permits, for any reason. Limited short term medical transfers become virtually meaningless.
ReplyDeleteAs the permit holders age, this gives them an opportunity to sit out their retirement years in Tuscon or Maui, sipping pretty blue drinks, instead of making the permits for sale to the new generation.
Great, more "Landlord's"
ReplyDeleteWho wrote and pursued this Bill, a Lobbyist or a State Rep ?
I could support a family permit ... something that could be used by a family member .....
ReplyDeleteIt's already easy enough to do a medical transfer to a family member.
DeleteAnother Republican effort to make it harder for young people to enter our fisheries. Meanwhile some of us are trying to help young people with crew programs like ALFA's Crew Apprentice Program. I was in Maine and learned about their lobster programs where young people can start acquiring pots and working their way into the fishery without a huge capital outlay to buy their parents or others out.
ReplyDeleteI oppose this bill. Lets be good stewards by sustaining the fisheries and providing reasonable opportunity for young people to enter the fishery based on their desire, initiative, labor, and creativeness, instead of their access to capital.
This would likely saving young people from making a bad investment choice - the State and the Feds are running the fisheries into the ground.
ReplyDeleteExcept that the bill is sponsored by a Democrat not a Republican.
ReplyDeleteGood way for a young fisherman to buy a permit, without all the BS required from the State, or CFAB. All the other ideas from our brain trust politicians over the past 10 years have flopped. It's the only legally defined state privilege on the planet that's for sale. Look around the State today, they can't even keep the Blue Canoe's running. How's that privilege working out, with a AWOL State Ferry?
ReplyDeleteFYI, nothing prevents a lease of a permit between two people as long as the lease doesn't involve repossession of the permit. e.g. you can give your permit to your kid, he can fish it, and he can cut you a check for use of the permit. Nothing wrong with that under the law.
ReplyDeleteWhat is wrong - for good reason - is Sharecropper Leasing. You continue to hold the permit, then hire someone to do the work for you.
The owner onboard provision of limited entry is HUGE. Without it, a Dentist in Kansas City can easily find out he could buy a Bay permit or NSEI blackcod permit and get a way better return on his investment than he can in mutual funds. And he can do it while sitting at home, watching the Chiefs pre-season games.
Guess whose pushing this piece of crap bill? Not young guys trying to start a career fishing. Not at all. It's the Gray Haired dudes of the Graying of the Fleet, trying to scam a cushy retirement.
ReplyDeleteThis year, the 2020 Young Fishermans Summit was timed to coincide with the start of the Alaska State Legislature regular session in Juneau. Some of you posters obviously haven't been keeping up with the news, strait out of the Summit, us young guys know whats going on. https://alaskaseagrant.org/event/2020-alaska-young-fishermens-summit/
ReplyDeleteYour link doesn't show anything about leasing permits.
DeleteJust curious if the Young Fishermen's group decided that this was a good idea? I can see that having more permits to lease could make it easier to get started. But it might make the permits much more expensive to buy. I would never sell my permits if I knew I could have income for the rest of my life without working. And I would will that property to my kids when I die.
Leasing is illegal now Mattlorig, as explained on the top of all transfer forms at the CFEC. "Limited Entry Permits cannot be; Leased, Pledged, Mortgaged, Attached, Distrained, Transferred with any retained right of repossession, Encumbered in any way, or on any condition requiring subsequent transfer." And you would will that property to you kids when you die? It's not property at all in a legal sense, it's a privilege. Will you also will your drivers license to you kids when you die? The Entry Commission can revoke any permit without compensation. Just like the Department of Licensing can revoke your drivers license. That valuation is highly questionable, regarding certain fisheries that were revoked into extinction under Alaska's Commercial Fisheries Entry Act. See; Matson v. CFEC, 785 P.2d 1200 (Alaska 1990), when the Limited Entry Act Revoked, the S.E. Salmon Set Net Fishery. I notice those set netters didn't get to will that property to their kids when they died? In December 1972, the Board of Fish and Game eliminated the set net fishery. Back when the Board understood why England banned set nets and fish traps in 1215, so eloquently explained in that Magna Carta. Fish Much?
ReplyDeletehttps://www.courtlistener.com/opinion/1138782/matson-v-commercial-fish-entry-comn/
Pointing out the language as the transfer form is cute, but in practice the feds do not enforce that language. In fact, NMFS maintains a list of encumbrances including banks, individuals, and goverment agencies. It is a commonly known fact that banks issue mortgages against quota. You can check it out yourself
ReplyDeletehttps://www.fisheries.noaa.gov/sites/default/files/akro/19ifqunitfb.csv
That's cute, but this is about state legislation regarding limited entry permits. You're federal quota isn't controlled by Juneau. Dunleavy isn't in the White House. When speaking cute, what school district did you actually attend?
ReplyDeleteFor Sale by Owner, CHEAP!
https://www.commerce.alaska.gov/web/ded/FIN/AssetsforSale/LimitedEntryPermits.aspx
This would make it mighty convenient for those who bought "extra" permit's to cash in on the Seine buy back program, Say for each family member.
ReplyDeleteHow many Bristol Bay permit's are idol each year?
Are the average catches going to go down when there are no un-fished permit's.