HB 20, sponsored by Rep. Bryce Edgmon, amends a current, successful fishermans loan program to allow Alaska Fishermen to take out low-interest loans for up to $400,000 for energy efficiency upgrades to their marine Engines. Not only will this save fishermen money by using less fuel, and cut down on carbon emission, it will keep Alaska seafood competitive with markets already investing heavily in efficient fishing fleets.
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