Pallone to Announce Bill to Help Fishing Industry Recoup Post-Sandy; Supplemental Funding will Assist in Recovery of Fisheries Disaster and Plug Shortfall in Sandy Relief Package

Apr 5, 2013 Issues: Fisheries, Hurricane Sandy, New Jersey

 

BELFORD, NJ – On Monday, April 8, Congressman Frank Pallone, Jr. (NJ-06) will announce his plan to assist the fishing industry and coastal communities badly impacted as a result of Superstorm Sandy at the Belford Seafood Co-op.  Pallone will also speak with commercial fishermen to discuss the damage they suffered what assistance is needed for a full recovery.

Last month, the National Oceanic Atmospheric Administration (NOAA) released a report detailing the economic and socio-economic effects of Superstorm Sandy on the fishing industry and fishing-related businesses and infrastructure in New Jersey.  The report estimated total uninsured losses of $78 million to $121 million for New Jersey’s fishing industry and coastal communities due to Sandy.   The impact on the commercial fishing industry, which contributed $2.4 billion to New Jersey’s gross state product in 2011, is estimated to be $14 million.  Pallone’s statement on the report can be viewed here.

The funding package passed by Congress in the wake of Superstorm Sandy included only $5 million for fisheries disaster assistance, far below the initial $150 million passed by the U.S. Senate.  Pallone’s bill appropriates $193 million to fully fund the estimated cost to recover storm affected fisheries.  

WHAT:

Congressman Pallone to Announce New Legislation to Aid Fishing Industry and Coastal Communities Impacted by Sandy

WHO:

Congressman Frank Pallone, Jr. (NJ-06)

Members of the Belford Seafood Co-op

WHERE:

Belford Seafood Co-op
901 Port Monmouth Road  

Belford, New Jersey 07718

WHEN:

Monday, April 8, 2013

1:00 p.m.