Maine Bills Aim To Boost Lobster Industry
March 1, 2013 | 1 min to read
PORTLAND, Maine — Lawmakers are looking to boost Maine’s troubled lobster industry with proposals to pump more money into marketing the state’s signature seafood and give tax breaks to encourage more lobster processing.
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The moves follow last year’s chaotic lobster fishing season that saw a market glut and a crash in wholesale prices.
One bill referred to the Marine Resources Committee calls for sharply increasing surcharges on lobster fishing and other lobster-related licenses over the coming three years, with the aim of raising about $3 million a year in promotional funding. This year’s marketing budget is about $380,000.
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