President Proposes FY 2000 Budgets with More User Fees

Wednesday, September 01, 1999
President Clinton's FY 2000 budget proposes new user fees to offset programs administered by the USACE, the USCG and NOAA. The $3.9 billion budget request for the USACE provides a 21 percent increase over its FY 99 request, but is still below the $3.96 billion appropriated by Congress for USACE programs last year. Most of the increased spending is earmarked for deep-draft ports and channels and environmental programs, with inland waterways and flood protection projects funded at roughly the same level as in FY 99. As expected, accompanying the budget request is a proposal to repeal the Harbor Maintenance Tax (HMT) and replace it with a Harbor Services User Fee (HSUF). Few specifics regarding the fee are contained in the budget, except it would be assessed against carriers, would be uniform nationwide, and would collect approximately $980 million annually. Under the proposal, fees would be charged to vessels transiting the harbors of the U.S. These receipts would be available for the following fiscal year for appropriation to fund construction and operation and maintenance of the nation's channels. The budget proposes $1.2 billion for the USACE's general construction account, $257 million of which would come from the not-yet-enacted HSUF for port improvement construction. The budget requests $1.8 billion requests for the USACE's Operation and Maintenance account, with $693 million of that figure coming from the HSUF. For the USCG, the President requested $4.2 billion for FY 2000, as compared to a $4.1 billion request in FY 99. Surprisingly, this year's budget proposes the reintroduction of the same navigational assistance user fee proposed and rejected by Congress last year. The Administration's proposal would institute new USCG and NOAA user taxes for federal navigation safety services, such as aids to navigation and VTS systems. The USCG fee, to be collected from commercial cargo carriers, is projected to recover $41 million in FY 2000 and $165 million annually when fully implemented.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

UAE Top Court: Physical Bunkers Suppliers Have No Right to Recourse against Owners/Charterers

The OW saga - UAE Federal Supreme Court decides that physical suppliers of bunkers have no right to recourse against Owners/Charterers. In the first decision

Antwerp Port Extends Partnership with DMU of China

The port of Antwerp is to collaborate with Dalian Maritime University (DMU) in northern China for the next three academic years. DMU is a prestigious Chinese maritime

Will Maersk Line acquire HMM

There are rumours among observers that the  market leader Maersk Line is planning to acquire South Korea’s shipping major Hyundai Merchant Marine (HMM).   Neither

Offshore

POSH Bags Shell FLNG Contract

Singapore’s offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has been awarded a contract to support Shell’s Prelude floating liquefied

US Oil Drillers Cut Rigs after 3 Weeks of Additions

U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices

Subsea 7 Announces PLSV Swap off Brazil

Subsea 7 S.A. said it has reached an agreement with Petrobras to substitute a pipelay support vessel (PLSV) working off Brazil.   The agreement will see the Subsea-7-owned

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0887 sec (11 req/sec)