To amend the Magnuson Fishery Conservation and Management Act.

[AI summary unavailable — showing source text] Amends the Magnuson Fishery Conservation and Management Act to include among its purposes the advocacy of fishery habitat protection. (Sec. 4) Revises the guidelines governing permits for foreign fishing vessels. (Sec. 5) Repeals the large-scale driftnet fishing reporting requirements. (Sec. 6) Modifies the national standards for fishery conservation and management to include the mandate that conservation and management measures minimize the incidental catch of non-target living marine resources. (Sec. 7) Expands the number of voting members on the Pacific Fishery Management Council to include one appointed from an Indian tribe with federally recognized fishing rights from a member State. Prescribes selection guidelines for such Indian representative. Requires each Regional Fishery Management Council to: (1) submit to the Secretary of Commerce proposed regulations and/or a fishery management plan for the prevention of overfishing of stock; and (2) submit annually for publication by the Secretary a listing of all essential fish habitats for all fishery management plans in effect on that date. Expands the guidelines governing disclosure of the financial interests of Council members. …