Bill Introduced, HMT Exemptions

Maritime Activity Reports, Inc.

August 7, 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 Reporter E-News subscription

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week

Subscribe for Maritime Reporter E-News