Relates to an economic impact statement prior to the enactment of any rule or regulation affecting the commercial fishing industry; provides for periodic review of such rules and regulations.

This bill requires that an economic impact statement be prepared before any new rules or regulations are created that could affect the commercial fishing industry in New York. It also calls for regular reviews of existing rules and regulations to ensure they are still relevant and effective.

Supporters of the bill argue that it will help protect the commercial fishing industry by ensuring that any new regulations are carefully evaluated for their economic impact. They believe this will support local fishermen and promote sustainable practices that benefit the economy.

Critics of the bill may argue that it could slow down the implementation of necessary regulations designed to protect fish populations and the environment. They may also contend that the requirement for economic impact statements could create unnecessary bureaucratic hurdles that hinder timely action.