Tag Archives: Cap raised to $400
House Bill 56: Cap raised to $400,000 on Alaska Commercial Fishing Loan Fund
New legislation boosts to $400,000 the cap on money that may be borrowed through the Alaska Commercial Fishing Loan Fund to purchase limited entry permits, individual fishing quotas and gear. House Bill 56, sponsored by Rep. Dan Ortiz, I-Ketchikan, was signed into law on Aug. 31 by Alaska Gov. Bill Walker in a ceremony at Fisherman’s Hall in Kodiak. Ortiz said the bill addresses the problem of too many Alaskans are priced out of commercial fishing because they can’t afford a permit, quota or gear. >click to read<13:31
