NEWS: House Advances Legislation to Help Grow Alaska’s Mariculture Industry
Juneau – Today, the Alaska House of Representatives passed two bills to expand existing frameworks to better manage Alaska’s fledgling mariculture industry. House Bill 76 fills a critical gap in capital need for infrastructure development of mariculture operations. It amends the current program to allow up to 40 percent of the fund to be used for loans to permitted hatcheries and enhancement projects for planning, construction and operation. House Bill 128 would allow non-profits to pursue enhancement and restoration projects with oversight by the Alaska Department of Fish and Game. Both bills are sponsored by Representative Dan Ortiz (I-Ketchikan).