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 November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Euroseas Sells C/V Marinos

Euroseas Ltd.  an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes,

Plans to Create Rio Doce Fund

Vale and BHP Billiton announced today plans to work together, with Samarco, to establish a voluntary, non-profit fund to support the rescue and recuperation of the Rio Doce river system,

Canada to Aid Developing Nations Fight Climate Change

Canada will provide aid to developing countries to combat climate change, Prime Minister Justin Trudeau announced on Friday ahead of talks on global warming,

Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction 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: 0.0743 sec (13 req/sec)