June 3, 2022 — Alaska’s senators are proudly touting a recently passed law that creates an American Fisheries Advisory Committee.
After its passage Sen. Dan Sullivan, who introduced the bill, said “… our fishermen will again have a seat at the table to offer appropriate input and oversight of the Saltonstall-Kennedy grant process …” But what’s the big deal? Why do we need another committee? And what the heck is a Saltonstall-Kennedy grant process?
Well, it’s all about pots of money.
The United States imposes tariffs on imported fish products. These tariffs are on imported “… fish, shellfish, mollusks, crustaceans, aquatic plants and animals, and any products thereof …” Interestingly, most of these products are not destined for the dinner table. In 2017, approximately 77% of revenues from these tariffs were from duties collected on imports of non-edible marine products, including jewelry, ink, various chemicals, and skins. The remaining 23% of revenues were from duties on imports of edible seafood products.
The Saltonstall-Kennedy Act of 1954 requires the secretary of agriculture to transfer 30% of the money from these tariffs into NOAA‘s Promote and Develop American Fisheries Products and Research Pertaining to American Fisheries Fund, also known as the P&D account. This account is what is known in government-ese as a “pot” of money. This is how public entities keep track of the public’s money to be sure it is used as intended. Every different pot of money has its own rules limiting and specifying the use of the money that goes into it. So, for instance when your local government has tax dollars going into the road maintenance account, it has to be used to fill potholes, not to fix pilings in the harbor.