Bill Summary
The Magnuson-Stevens Fishery Conservation and Management Act is being amended to provide relief for commercial fisheries that have experienced failure due to certain duties. This includes increases in duties on seafood products as a result of retaliatory actions taken by other countries in response to duties imposed by the United States under the Trade Expansion Act of 1962 or the Trade Act of 1974. This bill aims to support and help mitigate the negative impacts on commercial fisheries caused by these duties.
Possible Impacts
1. The amendment to the Magnuson-Stevens Fishery Conservation and Management Act could provide relief to commercial fishermen who have experienced a decline in their catch due to changes in environmental regulations. This could affect people working in the fishing industry by providing financial assistance during a difficult time.
2. The amendment could also provide relief to fishermen who have been affected by increases in duties on US seafood products, as retaliation for tariffs imposed by the United States. This could impact people working in the fishing industry, as well as consumers who may see an increase in prices for seafood products.
3. The amendment could potentially lead to increased tensions between the United States and other countries involved in seafood trade, as it allows for retaliation through increased duties. This could have a broader impact on the economy and potentially affect people in other industries.
[Congressional Bills 116th Congress] [From the U.S. Government Publishing Office] [S. 1984 Introduced in Senate (IS)] <DOC> 116th CONGRESS 1st Session S. 1984 To amend the Magnuson-Stevens Fishery Conservation and Management Act to provide fisheries disaster relief for commercial fishery failures that are due to certain duties, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES June 26, 2019 Mr. Wyden introduced the following bill; which was read twice and referred to the Committee on Commerce, Science, and Transportation _______________________________________________________________________ A BILL To amend the Magnuson-Stevens Fishery Conservation and Management Act to provide fisheries disaster relief for commercial fishery failures that are due to certain duties, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. FISHERIES DISASTER RELIEF FOR COMMERCIAL FISHERY FAILURES DUE TO CERTAIN DUTIES. Section 312(a)(1)(B) of the Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C. 1861a(a)(1)(B)) is amended-- (1) by inserting ``(i)'' before ``regulatory restrictions''; and (2) by inserting ``or (ii) increases in duties on any United States seafood products (within the meaning of the term `fish' under section 3), or fish products, as retaliation for increases in duties imposed by the United States pursuant to section 232 of the Trade Expansion Act of 1962 (19 U.S.C. 1862) or section 301 of the Trade Act of 1974 (19 U.S.C. 2411), including increases in duties on seafood products pursuant to such section 301'' after ``environment''. <all>