Bill Introduced, HMT Exemptions

Friday, August 07, 2009

Representative Higgins (D-NY) introduced the Short Sea Shipping Act of 2009 (H.R. 3486) to amend the Internal Revenue Code of 1986 to exempt certain shipping from the harbor maintenance tax (HMT). If enacted into law, this bill would exempt from the HMT commercial cargo (other than bulk cargo) loaded at a US mainland port and unloaded at another US mainland port or a port in Canada in the Great Lakes St. Lawrence Seaway System or loaded at a port in Canada in the Great Lakes St. Lawrence Seaway System and unloaded at a port in the US mainland. (7/31/09).

(Source: Bryant’s Maritime News)

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

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

Winners of International Seafarers' Welfare Awards

The winners of ISWAN's International Seafarers' Welfare Awards 2016 were announced on 24th June at a high-profile ceremony held in Manila, the Philippines. The

 
 
Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair
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: 0.0709 sec (14 req/sec)