May 14, 2020 — Commercial fishermen in North Carolina will receive more than $5 million in federal financial assistance through the Coronavirus Aid, Relief and Economic Security Act.
The National Oceanic and Atmospheric Administration issued an announcement last week, saying the U.S. Secretary of Commerce announced the allocation of $300 million in fisheries assistance funding provided by Sec. 12005 of the CARES Act to states, tribes and territories with coastal and marine fishery participants who have been negatively affected by the novel coronavirus pandemic. Under the act, North Carolina’s commercial fishermen will receive $5,460,385.
U.S. Department of Commerce Secretary Wilbur Ross said the relief package will support America’s fishermen and the seafood sector’s recovery.
“Thank you President (Donald) Trump, (U.S. Treasury) Secretary (Steven) Mnuchin and our congressional leaders of both parties for your work to pass the historic legislation that is bringing much needed relief to America’s fishermen,” Mr. Ross said. “This administration stands with the men and women working to provide healthy and safe seafood during this uniquely challenging time, while our U.S. fisheries work to continue to support 1.7 million jobs and to generate $200 billion in annual sales. The nation is grateful to our fishermen for their commitment.”