The Sport Fish Restoration (SFR) program administered by the U.S. Fish and Wildlife Service provides grants to states’ natural resource agencies for projects related to sport fish species, boating access and aquatic education. This program was authorized by the Sport Fish Restoration Act of 1950. The SFR program was created to restore and better manage declining sport fish fishery resources. An excise tax is collected through the purchases of fishing equipment, boat and small engine fuels and import duties, and appropriated to states based on a formula which includes land area and number of paid license holders. This makes the SFR program one of the most successful user pay, user benefit programs. A simple explanation of the SFR program is that abundant, sustainable fish populations yield abundant and diverse fishing opportunities leading to increased sales of fishing tackle. Increased sales of fishing tackle provide more funding to maintain sport fish fisheries at sustainable levels creating a cycle where all participants benefit.