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Battling IUU Fishing Would Cost USA $73 Million Till 2017 United States, August 3, 12

H.R. 4100 would strengthen the authority of the National Oceanic and Atmospheric Administration (NOAA) to enforce fisheries laws and combat illegal, unreported, and unregulated (IUU) fishing by foreign vessels. The bill would establish uniform enforcement policies and procedures under the many federal statutes that govern the regulation of commercial fishing. The bill also would reauthorize funding through fiscal year 2017 to enforce certain fisheries laws and to assist other nations with fishery conservation programs and enforcement activities. Finally, the bill would amend the Tuna Conventions Act of 1950 to implement the Antigua Convention.

Assuming appropriation of the necessary amounts, CBO estimates that implementing H.R. 4100 would cost USD 73 million over the 2013-2017 period. Enacting H.R. 4100 could increase revenues (from civil and criminal penalties) and associated direct spending; therefore, pay-as-you-go procedures apply. However, CBO estimates that such increases would be less than USD 500,000 annually and would offset each other in most years.