46 USC 60306: Vessels not engaged in trade
Text contains those laws in effect on August 23, 2024
From Title 46-SHIPPINGSubtitle VI-Clearance, Tonnage Taxes, and DutiesCHAPTER 603-TONNAGE TAXES AND LIGHT MONEY
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§60306. Vessels not engaged in trade
A vessel is exempt from tonnage taxes and light money when not engaged in trade.
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Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
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60306 | 46 App.:121 (3d sentence related to trade). | Aug. 5, 1909, ch. 6, §36 (2d sentence related to trade), |
The words "and light money" are added for clarity and consistency. See 19 C.F.R. §4.21 (2003).