Commercial Fisheries Improvement Act

[AI summary unavailable — showing source text] Commercial Fisheries Improvement Act - Establishes a Commercial Fisheries Assistance Fund to be used by the Secretary of Commerce to make loans for capital for fisheries facilities and fishing vessels, for experimental fishing equipment, and for vessels under five net tons. Authorizes the Secretary to make loans and grants to commercial fishermen to alleviate long-term forced economic distress. Sets forth the criteria for granting such financial assistance, and for review of loan and grant applications. Specifies requirements with respect to citizenship for grant and loan applicants. Brings all outstanding loans for commercial fishing vessels and gear, made pursuant to the Fish and Wildlife Act of 1956, under the auspices of this Act. Establishes within the National Oceanic and Atmospheric Administration, an Associate Administrator for an Office of Commercial Fisheries Assistance to administer this Act. Transfers specified existing fisheries assistance programs to the jurisdiction of the Associate Administrator. Requires the Secretary to establish a commercial fishing training program. Directs the Secretary to submit to the President and Congress a report of recommended means to cr…