2026-12446NoticeWallet

Maritime Agency Seeks Comments on Tax-Deferral Fund Data

Published Date: 6/22/2026

Notice

Summary

The Maritime Administration wants to keep collecting info from U.S. ship owners who use the Capital Construction Fund, a special savings plan that helps them build or upgrade vessels by deferring taxes. Fewer people are responding now, but the rules aren’t changing. If you’re involved, you’ve got 30 days to share your thoughts before the collection gets renewed—no extra costs or new paperwork, just a smooth continuation.

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

CCF Provides Tax-Deferred Treatment

The Capital Construction Fund (CCF) is a tax-deferred ship construction fund that lets owners and operators of U.S.-flag vessels defer Federal income taxes on certain deposits of money or other property placed into a CCF to help with construction, reconstruction, or acquisition of qualified vessels. MARAD uses the information collection to determine eligibility for and compliance with CCF agreements under 46 U.S.C. chapter 535.

CCF Info Collection Renewed Without Change

The Maritime Administration will ask OMB to renew its information collection for the Capital Construction Fund (OMB Control Number 2133-0027) with no changes. If you are a U.S. citizen who owns or leases one or more eligible vessels and use or want to use a CCF, you must continue to submit the application and annual schedules and exhibits; MARAD estimates 160 respondents and 160 responses annually, 1–12.5 hours per response, and 2,160 total burden hours per year. You have 30 days from the June 22, 2026 publication to send comments to www.reginfo.gov.

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Key Dates

Published Date
6/22/2026

Department and Agencies

Department
Independent Agency
Agency
Transportation Department
Maritime Administration
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