June 12, 2013 — The 2013 farm bill emerged from the U.S. Senate this week with two amendments to help the fishing industry, introduced by Massachusetts Sen. William "Mo" Cowan, his staff announced Monday.
One amendment calls for some sort of catch insurance similar to crop insurance used by farmers.
The other would make low-interest loans available to the fishing industry to cope with the economic disaster declared in the fishery last year by acting Commerce Secretary Rebecca Blank.
But the bill still has months to go. The House is expected to pass its own version, then the two will be reconciled in committee, where support for new spending on the fishing industry might face an uphill battle.
"Our fishermen are hurting and they need our help. I was pleased that the Senate-passed farm bill included my provision to resolve an inequity in the law and provide fishermen access to disaster loans just like other agriculture producers," Cowan said in a written statement. He was unavailable for an interview.
Read the full story at the New Bedford Standard-Times