Amendment No. 24 to the Fishery Management Plan for the Reef Fish Resources of the Gulf of Mexico.

This Amendment to the Fishery Management Plan for the Reef Fish Resources of the Gulf of Mexico of the Gulf of Mexico Fishery Management Council establishes a permanent limited access system for the commercial fishery for Gulf reef fish. Permits issued under the limited access system are renewable and transferable. This Amendment was developed concurrently with Coastal Pelagics FMP Amendment 15, which creates a permanent limited access system for the mackerel fishery. Establishment of a limited access system that caps participation at the current level provides for long-term social and economic stability in the reef fish fisheries.