May 22 2008

Shelby Announces $75 Million for Fisheries Industry

U.S. Senator Richard Shelby (R-Ala.), ranking member of the Senate Appropriations Subcommittee on Commerce, Justice and Science, today announced $75 million will in the fiscal year 2008 Emergency Supplemental Appropriations bill to aid the struggling fishing industry around the nation.  The bill will now go before the U.S. House of Representatives for consideration.

“As a result of the volatile 2005 hurricane season and the drought that continues to plague the southeastern United States, Alabama fisheries have taken a significant economic and ecological hit,” said Shelby.  “These recent events, compounded with high fuel prices and increased restrictions on the fisheries, have created a cumulative effect that has shrimpers and fishermen struggling to stay in business.  This funding will provide much needed assistance to an industry that is a vital part of the Alabama economy.”

These funds may be used to alleviate expenses related to fishery failures, fishery resource disasters and regulations on the fishing industry.