An Act to provide economic security for fishing industry participants

This bill directs the Secretary of Labor to analyze economic harm to commercial fishermen caused by regulatory actions like area closures, gear restrictions, and seasonal closures (including lobster closures for right whale protection). It requires developing a mitigation plan, potentially modifying unemployment insurance to address this specific financial instability. The plan, including any legislative recommendations, must be submitted to both legislative chambers by April 1, 2026. The bill directly affects commercial fishing participants in the Commonwealth facing income disruption due to state or federal regulations.