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American Seafood Competitiveness Act: USDA Loans and Grants for Fishermen

This bill allows commercial fishermen and fish processors to access USDA loans and grants previously reserved for traditional farmers. It aims to help the seafood industry buy vessels, upgrade facilities, and market their products more effectively.
Key points
Commercial fishermen and fish processors are now eligible for USDA farm loans.
Loans can be used to buy fishing vessels, permits, and upgrade processing facilities.
Funding is available for daily operating costs and maintenance of fishing equipment.
New support for marketing wild-caught seafood and easier access to government grants.
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Status:
Introduced
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Additional Information
American Seafood Competitiveness Act of 2026
Print number: S 4236
Sponsor: Sen. Murkowski, Lisa [R-AK]
Process start date: 2026-03-26