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This bill amends the Magnuson-Stevens Fishery Conservation and Management Act to allow fishery resource disasters to be declared based on economic causes, specifically activities by foreign persons that distort markets, disrupt sustainable harvest, or harm the viability of U.S. fisheries. The bill defines "economic cause" to include illegal fishing, predatory pricing, and foreign subsidies that affect seafood prices or markets. It requires documentation of adverse effects from foreign activities when declaring such disasters and adds seafood pricing information to the criteria considered in disaster declarations.
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