Bycatch Reduction and Mitigation Act of 2024

HR 8508, the Bycatch Reduction and Mitigation Act of 2024, creates a new Bycatch Mitigation Assistance Fund administered by the National Fish and Wildlife Foundation to help commercial fishermen reduce accidental catch (bycatch) of non-target species. The fund will use donations to provide financial assistance for fishermen to purchase gear, equipment, or technology that reduces bycatch, with at least 60% of funds directed to small vessels (65 feet or less in length). It requires annual public reporting on fund usage and mandates consultation with NOAA and fishery councils to ensure efficient spending. The bill directly affects commercial fishing operations, particularly small-scale fishermen, by providing new resources to adopt more selective fishing practices.