Alaska Fish Factor: U.S. seafood industry received $300 million assist from $2 trillion COVID-19 relief package passed by Congress
April 2, 2020
The U.S. seafood industry received a $300 million assist from the $2 trillion COVID-19 relief package passed by Congress on March 27, and a wide coalition of industry stakeholders is hoping for more.
Fishery recipients in the relief bill include tribes, persons, communities, processors, aquaculture and other related businesses. SeafoodNews.com reports that those eligible for relief must have “revenue losses greater than 35 percent as compared to the prior 5-year average revenue, or any negative impacts to subsistence, cultural, or ceremonial fisheries.”
The funds will be provided on a...