46 U.S.C. § 60306 — Vessels not engaged in trade
U.S.C. Title 46 - SHIPPING 46 U.S.C. United States Code, 2023 Edition Title 46 - SHIPPING Subtitle VI - Clearance, Tonnage Taxes, and Duties CHAPTER 603 - TONNAGE TAXES AND LIGHT MONEY Sec. 60306 - Vessels not engaged in trade From the U.S. Government Publishing Office, www.gpo.gov
§60306. Vessels not engaged in trade
A vessel is exempt from tonnage taxes and light money when not engaged in trade.
(Pub. L. 109–304, §9(b), Oct. 6, 2006, 120 Stat. 1678.)
Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)
60306 46 App.:121 (3d sentence related to trade). Aug. 5, 1909, ch. 6, §36 (2d sentence related to trade), 36 Stat. 111; Pub. L. 101–508, title X, §10402(a), Nov. 5, 1990, 104 Stat. 1388–398; Pub. L. 103–66, title IX, §9001(a)(3), (c)(1), Aug. 10, 1993, 107 Stat. 402.
The words "and light money" are added for clarity and consistency. See 19 C.F.R. §4.21 (2003).