Title 43 › CHAPTER 36 — OUTER CONTINENTAL SHELF RESOURCE MANAGEMENT › SUBCHAPTER II — FISHERMEN’S CONTINGENCY FUND › § 1843
The Secretary must write and update rules for how claims are filed, handled, and paid so they are fair and quick. Those rules must give people at least 90 days to file a claim. Final rules for the 1981 changes must be published in the Federal Register within 120 days after those changes became law. The Secretary must also find and sort all possible hazards to commercial fishing from Outer Continental Shelf oil and gas work, including objects on the seabed, in the water, and on the surface. The Secretary must require that gear and items used offshore be color coded, stamped, or labeled with the owner’s ID when practical. Payments from the Fund will cover actual and related losses to commercial fishermen caused by offshore oil and gas items, including damage or loss of fishing gear. Payments for lost income equal 50 percent of the estimated gross income lost while gear is being repaired or replaced, as estimated by the Secretary. Payments are not allowed if the fisherman’s own negligence caused the damage, if the damage happened before September 18, 1978, if the claimed amount is more than the gear’s replacement value, or if the claimant already got insurance money for the same loss.
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Public Lands, Source: USLM XML via OLRC
Legislative History
Reference
Citation
43 U.S.C. § 1843
Title 43, Public Lands
Last Updated
Sep 22, 2026
Release point: 119-110