Offshore Shrimp Fisheries Act

[AI summary unavailable — showing source text] Offshore Shrimp Fisheries Act - Authorizes the Secretary of Commerce to issue permits to vessels to engage in shrimp fishing under requirements of the existing treaty between Brazil and the United States, this Act and other regulations. Limits the number of vessels at present which are subject to permits to 325 or a different number as specified in the treaty from time to time. Outlines the requirements of the permits and allows such permits to be suspended or revoked by the Secretary for failure to comply with any terms or conditions. Gives the permittee, upon suspension, the right to a prompt hearing by the Secretary. Declares the decision of the Secretary to be final and binding. Allows permits to be returned to the Secretary and reissued. Sets annual fees for a permit for 1973 at $1,230 plus not more than $200 for administrative costs. Provides that the method and time for application of permits be announced in advance by the Federal Register. Outlines the procedure for granting permits. Authorizes the Secretary to issue a letter of voluntary compliance to a vessel owner whose vessels have engaged in fishing in the area after May 9, 1972, who have met treaty requirements, and w…