CARES Act: Fisheries and Aquaculture Disaster Relief Websites
On May 7, 2020, the Secretary of Commerce announced the allocation of $300 million in fisheries assistance funding provided by Sec. 12005 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to states, Tribes, and territories with coastal and marine fishery participants who have been negatively affected by COVID-19. – National Aquaculture Association
Fund Distribution: Funds will be primarily distributed to address direct or indirect fishery-related losses as well as subsistence, cultural, or ceremonial impacts related to COVID-19. Primary distribution is allocated to the Atlantic States Marine Fisheries Commission, Pacific States Marine Fisheries Commission, Gulf States Marine Fisheries Commission, Puerto Rico, and the U.S. Virgin Islands. They will then be distributed to eligible recipients through appropriate state or territorial agencies.
Eligible Recipients: Eligible recipients include privately owned aquaculture businesses that grow products in state or federal marine waters of the United States, as well as their hatcheries. All molluscan shellfish and marine algae are considered eligible, however non-salmonid marine finfish are not.
This relief package aims to support the work of U.S. fisheries which supplies 1.7 million jobs and generates $200 billion in annual sales according to U.S. Department of Commerce Secretary Wilbur Ross.
Find out more about next steps in regards to this development for the Atlantic and Pacific regions at websites posted by the Atlantic States Marine Fisheries Commission and the Pacific States Marine Fisheries Commission.