Fishing Quota Standards Act of 2003
Official title: To amend the Magnuson-Stevens Fishery Conservation and Management Act to establish requirements for fishing quota systems.
More subjectsShow fewer subjects
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Executive Comment Requested from Commerce.
Fishing Quota Standards Act of 2003 - Amends the Magnuson-Stevens Fishery Conservation and Management Act (the Act) to require the Regional Fishery Management Councils and the Secretary of Commerce or the Secretary's designee, when developing a limited access system for fisheries to achieve optimum yield (fishing quota system), to take into account, among other factors: (1) the conservation requirements of the Act with respect to fisheries; and (2) the fair and equitable distribution of a public resource.
Authorizes the establishment of a fishing quota system in a fishery management plan or amendment prepared by any Regional Fishery Management Council or the Secretary. Directs the Councils and Secretary to ensure that any such proposed system comply with certain requirements. Prohibits approval or implementation by the Secretary of any plan or amendment establishing such a system unless it has been approved by more than two-thirds of those voting in a referendum among eligible permit holders.
Sets forth requirements for review committees established by Councils and for a Secretarial review committee.
Directs the Secretary to issue regulations which establish certain requirements for fishing quota systems.
- Introduced in House Formatted Text PDF
Cite this page
U.S. Congress. (2026). H.R. 2621: Fishing Quota Standards Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-2621/
"H.R. 2621: Fishing Quota Standards Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-2621/.
H.R. 2621, 108th Cong. (2026), https://openamerica.io/bill/108-HR-2621/.
[H.R. 2621: Fishing Quota Standards Act of 2003](https://openamerica.io/bill/108-HR-2621/)