Dense beds of small Atlantic sea scallops photographed on the ocean floor in the Mid-Atlantic in 2015. Credit: NOAA Fisheries.
Pink salmon. Credit: NOAA
IFQ Allocations/Credits Table
NOAA Fisheries has provided the following table to help users differentiate between the various "currencies" of quota pounds in quota share and vessel accounts. Below we compare the types of allocations and credits.
|
Pacific Coast Groundfish IFQ Allocations/Credits |
Which account will NMFS add these quota pounds to? |
Will the addition of these quota pounds increase the sector allocation, QS accumulation limits, and vessel limits? |
Could there be multiple allocations/credits of this type in one year? |
Will these quota pounds be counted when calculating surplus carryover for the following year? |
|---|---|---|---|---|
|
Initial Allocation |
QS |
Yes |
No |
Yes |
|
Top-Off(s) to Allocation |
QS |
Yes |
Yes |
Yes |
|
Surplus Carryover Credit(s) |
VA |
No |
Yes |
No |
|
Whiting Reapportionment(s) |
QS |
Yes |
Yes |
No |
|
Flexible Set-Aside(s) |
QS |
Yes |
Yes |
No |
Dense beds of small Atlantic sea scallops photographed on the ocean floor in the Mid-Atlantic in 2015. Credit: NOAA Fisheries.
Pink salmon. Credit: NOAA
