An Act relating to the fisheries enhancement loan program; and providing for an effective date.
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Progress
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- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to strengthen the Alaska Fisheries Enhancement Loan Program. It expands the types of organizations eligible for loans, including federally recognized tribal organizations, and clarifies the program’s procedures for making grants and loans for hatchery planning, construction, and habitat improvement activities. The bill also increases the maximum loan amount available and provides for loan term extensions to alleviate financial hardship.
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