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NJ A4199
NJ A4199Revises law establishing individual transferable quota system for menhaden purse seine fishery.
summary
Introduced
06/01/2020
06/01/2020
In Committee
06/01/2020
06/01/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill would amend P.L.2019, c.503, which requires the Commissioner of Environmental Protection, or the commissioner's designee, to establish an individual transferable quota (ITQ) system for the menhaden purse seine fishery. Under the current law, each ITQ is to be allocated based upon a qualified vessel's rounded percentage share of the average of its menhaden landings in 2014 through 2018, inclusive, except that no qualified vessel would be allocated an ITQ in an amount less than 200,000 pounds. This bill would amend the law to provide that the ITQ would be based upon a qualified vessel's rounded percentage share of the average of its menhaden landings in 2011 through 2018, inclusive. This bill would provide that an ITQ is based upon eight years of landings, rather than only five. The bill also provides that if it is enacted into law while that year's menhaden purse seine fishery is open and all qualified vessels have harvested less than their individual allocation for the fishing season as calculated pursuant to pursuant to P.L.2019, c.503, then each qualified vessel would be subject to their individual ITQ established pursuant to P.L.2019, c.503 for the remainder of the fishing season open when the bill is enacted into law.
AI Summary
This bill would amend the law that requires the establishment of an individual transferable quota (ITQ) system for the menhaden purse seine fishery in New Jersey. The key changes are: (1) the ITQ allocation would be based on the vessel's menhaden landings from 2011-2018, rather than 2014-2018; (2) the ITQ allocation would be based on 8 years of landings instead of 5; and (3) if the bill is enacted while the current fishing season is open and all vessels have harvested less than their individual allocation, each vessel would be subject to the ITQ established under the previous law for the remainder of that open season.
Committee Categories
Agriculture and Natural Resources
Sponsors (1)
Last Action
Introduced, Referred to Assembly Agriculture Committee (on 06/01/2020)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2020/Bills/A4500/4199_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A4500/4199_I1.PDF |
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