Title 46ShippingRelease 119-73

§60307 Vessels engaged in coastwise trade or the fisheries

Title 46 › Subtitle Subtitle VI— - Clearance, Tonnage Taxes, and Duties › Chapter CHAPTER 603— - TONNAGE TAXES AND LIGHT MONEY › § 60307

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 46, §60307

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A vessel with a registry endorsement or a coastwise endorsement, trading from one port in the United States to another port in the United States or employed in the bank, whale, or other fisheries, is exempt from tonnage taxes and light money.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 6030746 App.:122.R.S. § 4220. The words “with a registry endorsement or a coastwise endorsement” are substituted for “if such vessel be licensed, registered, or enrolled” for consistency with chapter 121 of the revised title. The words “belonging to any citizen of the United States” are omitted as unnecessary because, under chapter 121 as amended by this bill, ownership by a citizen of the United States is a requirement for documentation. 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. § 60307

Title 46Shipping

Last Updated

Apr 6, 2026

Release point: 119-73