§ 5101 Findings and purpose
§ 5102 Definitions
§ 5103 State-Federal cooperation in Atlantic coastal fishery management
§ 5104 State implementation of coastal fishery management plans
§ 5105 State noncompliance with coastal fishery management plans
§ 5106 Secretarial action
§ 5107 Financial assistance
§ 5107a State permits valid in certain waters
§ 5107b Transition to management of American lobster fishery by Commission
§ 5108 Authorization of appropriations

Terms Used In U.S. Code > Title 16 > Chapter 71 - Atlantic Coastal Fisheries Cooperative Management

  • Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.