Title 16ConservationRelease 119-73

§3331 Fleet adjustment program

Title 16 › Chapter CHAPTER 52— - SALMON AND STEELHEAD CONSERVATION AND ENHANCEMENT › Subchapter SUBCHAPTER IV— - COMMERCIAL FISHING FLEET ADJUSTMENT › § 3331

Last updated Apr 6, 2026|Official source

Summary

After approving Washington’s program under section 3333, the Commerce Secretary can give federal money to help the State buy commercial fishing and charter vessels, gear, and licenses. The federal share cannot exceed 75% of total cost. Bought vessels and property belong to the State and can be sold.

Full Legal Text

Title 16, §3331

Conservation — Source: USLM XML via OLRC

(a)The Secretary of Commerce (hereinafter referred to in this subchapter as the “Secretary”), upon approval of a program submitted pursuant to section 3333 of this title, is authorized to distribute Federal funds to the State of Washington (hereinafter in this subchapter referred to as the “State”), subject to the standards, conditions, and restrictions set forth in this subchapter, for the purchase of commercial fishing and charter vessels (including the associated fishing gear) and licenses by the State in accordance with the provisions of this subchapter. The Federal share payable under this subchapter shall not exceed 75 percent of the total cost of the program.
(b)Title to any vessel or other personal property purchased under a State program approved by the Secretary in accordance with the provisions of this subchapter shall vest upon purchase in the State. If the State sells such vessels or other property, title may pass in accordance with such sale.

Reference

Citations & Metadata

Citation

16 U.S.C. § 3331

Title 16Conservation

Last Updated

Apr 6, 2026

Release point: 119-73