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House Bill 3662
115th Congress(2017-2018)
Maritime Industries Relief Act of 2017
Introduced
Introduced
Introduced in House on Aug 18, 2017
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Introduced in House 
Aug 18, 2017
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Introduced in House(Aug 18, 2017)
Aug 18, 2017
Not Scanned for Linkage
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Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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H. R. 3662 (Introduced-in-House)


115th CONGRESS
1st Session
H. R. 3662


To provide duty-free treatment for the sale of used yachts, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

August 18, 2017

Mr. Mast introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To provide duty-free treatment for the sale of used yachts, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Maritime Industries Relief Act of 2017”.

SEC. 2. Duty-free treatment for the sale of used yachts.

Section 484b of the Tariff Act of 1930 (19 U.S.C. 1484b) is amended to read as follows:

“SEC. 484b. Duty-free treatment for the sale of used yachts.

“(a) In general.—Notwithstanding any other provision of law, any dutiable vessel meeting the definition of a used yacht under subsection (b) may be offered for sale or sold in the customs territory of the United States without payment of duty.

“(b) Used yacht defined.—For purposes of duty-free treatment under subsection (a), the term ‘used yacht’ means a vessel classifiable under heading 8903 of the Harmonized Tariff Schedule of the United States that was—

“(1) sold at least once before entering the customs territory of the United States; and

“(2) used, by the person bringing such vessel into the customs territory of the United States, primarily for recreation or pleasure.

“(c) Regulations.—The Secretary of the Treasury is authorized to make such rules and regulations as may be necessary to carry out the provisions of this section.”.

SEC. 3. Effective date.

The amendment made by section 2 shall apply with respect to any used yachts imported into the United States after the date that is 15 days after the date of the enactment of this Act.