Title 46 — ShippingRelease 119-73

§60306 Vessels not engaged in trade

Title 46 › Subtitle Subtitle VI— - Clearance, Tonnage Taxes, and Duties › Chapter CHAPTER 603— - TONNAGE TAXES AND LIGHT MONEY › § 60306

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 46, §60306

Shipping — Source: USLM XML via OLRC

A vessel is exempt from tonnage taxes and light money when not engaged in trade.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 6030646 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).

Reference

Citations & Metadata

Citation

46 U.S.C. § 60306

Title 46 — Shipping

Last Updated

Apr 6, 2026

Release point: 119-73