The Council chose to postpone an action that considered increasing the CHP ownership caps for a future recreational quota entity (an RQE). Current Federal regulations limit individuals and entities from holding more than five CHPs (with some exceptions). The proposed action would allow an RQE to purchase and hold up to 30 percent of the… Read More →
Charter Halibut Recreational Quota Entity
The Council took final action on a package that would allow the formation of a non-profit charter halibut recreational quota entity (RQE) to purchase and hold commercial halibut quota share (QS), to augment the charter catch limits in IPHC Regulatory Area 2C and Area 3A. Under the Council’s preferred alternative, any IFQ annually generated from… Read More →
