Regulations and Compliance

Many federal and state government regulations affect the marine industry. Trade Only follows developments as companies strive to operate in compliance with the rules.

California bill strips use of boater funds

The California legislature passed a bill that initially sought to use a boater-financed fund to help thwart erosion-based flooding, but the measure no longer uses the state Harbors and Watercraft Revolving Fund. “RBOC is very appreciative with the amendments made to SB 436 on Sept. 11 before the bill proceeded through the legislature at the…more

Legislation seeks changes to red snapper management

A bipartisan coalition led by U.S. Rep. Jeff Miller, R-Fla., and Rep. Cedric Richmond, D-La., introduced legislation Thursday that seeks to change the federal management of red snapper fishing in four Gulf states. The legislation comes after the governors of those states released a joint letter to House and Senate leadership arguing that the federal…more

Feds hand out recreational boating grants

The U.S. Fish and Wildlife Service announced more than $6.9 million in competitive grants to six states and one U.S. territory for projects to support recreational boating. The service also will release about $400,000 to six states willing to match a smaller grant program. The first round of grants is allocated through the Boating Infrastructure…more

Baltimore researchers turn cobia into vegetarians

Cobia, sometimes called black salmon, is a powerful fish that devours other marine life, from smaller fish to crabs. Recently, three Baltimore researchers set out to tame this wild and hungry fish — specifically, to turn it into a vegetarian. Last week, they said they had pulled off the feat at a laboratory. The conversion…more

Lake Havasu group gains grant for invasive-species campaign

Preventing the spread of aquatic invasive species throughout freshwater lakes and rivers of the western United States has become a high priority, especially on the lower Colorado River, which has a growing population of quagga mussels. The Lake Havasu Marine Association, in cooperation with Arizona Game and Fish, developed and initiated a grassroots plan, “Sticker…more

Survey seeks input on human-propelled boat standards

A team of experts assembled with Coast Guard grant funding seeks national content validation of a set of entry level, skill-based manually propelled boat operation standards (canoes, kayaks, rowboats, paddleboards, etc.). The National On-Water Standards Team is seeking input from recreational paddling and rowing educators on a first-round set of standards to be used to…more

Guy Harvey talks conservation during Shark Week

Although the public fascination with sharks is sure to pull huge interest and rating numbers during the annual Shark Week 2013 that begins Monday, marine scientists such as Guy Harvey are reminding the public that shark conservation is a 52-week obligation. From seeding money to support a tag-and-release structure for shark tournaments, launching expeditions to…more

Lawmakers revive cutting second-home mortgage deduction

Two congressmen reintroduced a bill that would prevent boat owners from writing off mortgage interest payments if they classify boats as second homes. U.S. Reps. Tim Walz, D-Minn., and Mike Quigley, D-Ill., reintroduced legislation to eliminate what it calls “taxpayer subsidies for luxury yachts.” But Jim Coburn, managing partner at Coburn and Associates LLC and…more

Unemployment stays at 7.6 percent

The unemployment rate remained unchanged at 7.6 percent as 195,000 jobs were added in June, the U.S. Bureau of Labor Statistics reported today. Job growth occurred in leisure and hospitality, professional and business services, retail trade, health care and financial activities, the government reported. The results surpassed expectations. Economists surveyed by Dow Jones Newswires had…more

Home ownership hits eight-year low

A new study issued today shows that home and rental property prices are rising and new construction is picking up, all signs that the housing market is recovering. However, millions of American homeowners are still delinquent on mortgages or upside down on their loans. Despite low interest rates, the U.S. home ownership rate fell for…more

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