Charter Halibut Moratorium Leasing Limitations Provisions

Motion: Initiate discussion paper of the following elements and options regarding leasing of
Halibut Charter Permits.
Problem Statement: Leasing of Halibut Charter Permits could substantially change the character and
current primary business practice of the halibut charter fleet and could enable increased acquisition of
halibut charter permits by individuals that do not have an investment in the fishery. In addition, leasing
provisions are likely to decrease the sale and transfer of permits from existing permit holders and may
inhibit entry level opportunities for new halibut charter operators as well as increase the price of entry.
Alternative 1: Status Quo
Alternative 2: Limit Leasing of Halibut Charter Permits
Option 1: Halibut charter permit holders that use their permit onboard a vessel that is identified
on an ADF&G saltwater logbook must own at least 20 – 51% interest in the vessel.
Sub option: 12 month rule applies
Option 2: Halibut charter permit holders that use their permit onboard a vessel that is identified
on an ADF&G saltwater logbook must log at least 1‐5 halibut charter trips in the
logbook. For businesses owning halibut charter permits, an individual with a minimum
ownership interest of 10‐33% must log the minimum number of trips.
Sub option: Log at least 3‐10% of the trips in the logbook
Sub option: Apply only to logbooks that have at least 10‐20 trips recorded.
Option 3: Halibut charter permit holders that use their permit onboard a vessel that is identified
on an ADF&G saltwater logbook are limited to requesting 2‐3 saltwater logbooks for
unique vessels in a 12 month period and no more than 2‐3 unique vessels in a 60
month period.
Option 4: Halibut charter permit holders that use their permit onboard a vessel that is identified
on an ADF&G saltwater logbook are required to be present either at the point of
departure or at the point of return for the charter trip. For businesses owning halibut
charter permits, an individual with a minimum ownership interest of 10%‐33% must be
present at either the point of departure or at the point of return for the charter trip.
Alternative 3: Halibut charter permit holders or an employee of a halibut charter permit holder that
uses their permit onboard a vessel that is identified on an ADF&G saltwater logbook
must be aboard the vessel when their permit is being used. For businesses owning
halibut charter permits, an individual with a minimum ownership interest of 10‐33%
must be aboard the vessel.
Upon the halibut charter permit holder’s request for the issuance of or transfer of a halibut charter
permit, or the charter permit holder's request for change of use of the permit to a unique vessel when
requesting an ADF&G saltwater logbook, the permit owner is required to sign a sworn affidavit that the
permit will not be leased and that the individual or entity does not expect to receive economic
compensation from “leased” use of the permit.