FEDERAL · 46 U.S.C. · Chapter 603

Vessels engaged in coastwise trade or the fisheries

Current through Pub. L. 119-102
Title 46Shipping·Ch. 603 — TONNAGE TAXES AND LIGHT MONEY
A vessel with a registry endorsement or a coastwise endorsement, trading from one port in the United States to another port in the United States or employed in the bank, whale, or other fisheries, is exempt from tonnage taxes and light money.

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46 U.S.C. § 60307 (Vessels engaged in coastwise trade or the fisheries) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 109–304, §9(b), Oct. 6, 2006, 120 Stat. 1678.)

Editorial Notes

The words "with a registry endorsement or a coastwise endorsement" are substituted for "if such vessel be licensed, registered, or enrolled" for consistency with chapter 121 of the revised title. The words "belonging to any citizen of the United States" are omitted as unnecessary because, under chapter 121 as amended by this bill, ownership by a citizen of the United States is a requirement for documentation. The words "and light money" are added for clarity and consistency. See 19 C.F.R. §4.21 (2003).