State DMR rejects the so-called “Gloucester Plan” for more inclusive fishery aid plan

cashThe full grant of $6.9 million contained in the third phase, or Bin 3, of federal funding being funneled through the state is the final installment of the roughly $21 million in federal fishery disaster funds designated for Massachusetts from the $75 million appropriated by Congress in January 2014. The final plan excludes permit banks from receiving the . Gronendyke said the state will use about $200,000 of the $6.9 million “to partner with industry in developing a viable industry-funded buyback program” with the bulk of the remaining $6.7 being distributed to the fishermen in direct aid. Read the rest here 07:41

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