View all text of Subchapter IV [§ 3331 - § 3336]

§ 3332. State program for reduction of overall fishing capacity
The State shall submit to the Secretary a program within three months of December 22, 1980, designed to—
(1) provide incentives for early retirement of licenses, or early sale of vessels;
(2) set aside specific allocations of funds for each gear type to achieve the specific fleet reductions provided for in the program;
(3) obtain an effective and expeditious reduction in the overall fishing capacity of and the number of vessels and licenses in the non-Indian commercial and charter salmon fishing fleets in the Washington conservation area; and
(4) provide State funding for 25 per centum of the total cost of the program.
(Pub. L. 96–561, title I, § 131, Dec. 22, 1980, 94 Stat. 3284.)