An Act relating to the fisheries enhancement loan program; and providing for an effective date.

Summary

The bill updates Alaska statutes to allow the Department of Fish and Game to provide both grants and long‑term, low‑interest loans for fish hatchery construction, operation, and habitat‑enhancement activities. Eligible recipients include qualified regional associations and federally recognized tribal organizations that run hatcheries on reservations or under federal permits. By setting loan limits, interest caps, and matching‑grant rules, the measure aims to strengthen fisheries enhancement across the state.

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