SECTION 1.  Chapter 130 of the General Laws is hereby amended by inserting after section 95 the following section:-

"Section 95A. The director shall promulgate regulations and rules, including a system of fines, prohibiting the use of all midwater trawl and pair trawling for herring in Massachusetts waters, shall establish herring fishery rules and regulations that are compatible with regional efforts to rebuild valuable groundfish resources, including, but not limited to maximum vessel size permitted to fish within coastal waters, shall establish rules and regulations creating coastal herring fishing buffer zones, shall establish rules and regulations minimizing by catch mortality of groundfish, bluefin tuna and striped bass, shall establish mandatory observer coverage on all commercial fishing vessels targeting herring and shall establish a weight-based landing accounting system for all vessels targeting herring."