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United States Code (Last Updated: May 24, 2014) |
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Title 46. SHIPPING |
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SubTitle VI. Clearance, Tonnage Taxes, and Duties |
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Chapter 603. TONNAGE TAXES AND LIGHT MONEY |
§ 60307. Vessels engaged in coastwise trade or the fisheries
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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.
Historical And Revision
Historical and Revision Notes | ||
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Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
60307 | 46 App.:122. | R.S. § 4220. |
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).