Establishes a pilot program to assess and mitigate economic impacts of regulations on high-impact fisheries in Massachusetts.
The bill establishes a pilot program within the office of the Secretary of the Executive Office of Energy and Environmental Affairs to assess and mitigate the economic impact of regulatory actions on high-impact fisheries, including lobster and groundfish. The program will identify fisheries affected by recent regulatory changes, conduct economic impact analyses, recommend mitigation strategies, and develop a compensation framework for impacted fishers. The Division of Marine Fisheries must prepare economic impact statements for proposed regulations affecting the fishing industry.
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