LD 1908 LR 2192(02)
An Act To Limit Eligibility for Commercial Menhaden Fishing Licenses
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Marine Resources
Fiscal Note Required: Yes
Fiscal Note
Minor revenue impact - Other Special Revenue Funds
Fiscal Detail and Notes
This bill changes the commercial menhaden fishing license requirements beginning in 2023. Under the current criteria, there are no pre-qualifications to obtain a commercial menhaden license. The new criteria will limit who may obtain a license to those who possessed a commercial menhaden license in 2 of the following 3 years: 2019, 2020 or 2021 and reported legal landings of menhaden of 25,000 pounds or more in at least 1 of the following years: 2019, 2020, 2021 or 2022. The Department of Marine Resources does not anticipate a significant change in license revenue from imposing new license qualifications because even though fewer will be eligible, a higher percentage of those individuals will be motivated to maintain their eligibility in the future.