# 114-hr-4065: To amend the Tariff Act of 1930 to provide for a deferral of the payment of a duty upon the sale of certain used yachts, and for other purposes.

114-hr-4065, To amend the Tariff Act of 1930 to provide for a deferral of the payment of a duty upon the sale of certain used yachts, and for other purposes., is a 114th Congress bill sponsored by Rep. Frankel, Lois [D-FL-22] (D-FL); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4065
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4065
- Congress: 114
- Title: To amend the Tariff Act of 1930 to provide for a deferral of the payment of a duty upon the sale of certain used yachts, and for other purposes.
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-11-18
- Sponsor: Rep. Frankel, Lois [D-FL-22] (D-FL)
- Cosponsors: 16
- Policy area: Foreign Trade and International Finance
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill amends the Tariff Act of 1930 to repeal the deferral until sale of the duty on large yachts imported for sale at U.S. boat shows. Any used yacht with a valid U.S. cruising license, instead, may enter, may be offered for sale in, and may remain in, the U.S. customs territory without the payment of duty, but subject to certain conditions. If the used yacht, while in the U.S. customs territory, is sold to a U.S. resident: entry of the used yacht shall be completed and duty shall be deposited with U.S. Customs and Border Protection (CBP) within 15 days after completion of the sale, and by the same deadline any yacht broker or dealer involved in the sale must collect and remit that duty to the CBP. The duty on the sale of that yacht shall be: calculated at the applicable rate under the Harmonized Tariff Schedule of the United States, and based upon the yacht's value at the time of sale. No posting of bond for this duty may be required upon the used yacht's entry into the U.S. customs territory.

## Cosponsors (16)

- Rep. Yoho, Ted S. [R-FL-3] (R-FL), 2015-11-18T00:00:00.000Z
- ANDER CRENSHAW (R-FL), 2015-12-08T00:00:00.000Z
- Rep. Rooney, Thomas J. [R-FL-17] (R-FL), 2016-01-28T00:00:00.000Z
- Rep. Deutch, Theodore E. [D-FL-22] (D-FL), 2016-02-09T00:00:00.000Z
- Rep. Hastings, Alcee L. [D-FL-20] (D-FL), 2016-02-09T00:00:00.000Z
- Rep. Ross, Dennis A. [R-FL-15] (R-FL), 2016-02-29T00:00:00.000Z
- Rep. Diaz-Balart, Mario [R-FL-26] (R-FL), 2016-03-22T00:00:00.000Z
- Rep. Jolly, David W. [R-FL-13] (R-FL), 2016-04-18T00:00:00.000Z
- Rep. Posey, Bill [R-FL-8] (R-FL), 2016-04-18T00:00:00.000Z
- Rep. Miller, Jeff [R-FL-1] (R-FL), 2016-04-26T00:00:00.000Z
- Rep. Wilson, Frederica S. [D-FL-24] (D-FL), 2016-04-27T00:00:00.000Z
- Rep. DeSantis, Ron [R-FL-6] (R-FL), 2016-04-29T00:00:00.000Z
- Rep. Bilirakis, Gus M. [R-FL-12] (R-FL), 2016-05-13T00:00:00.000Z
- ILEANA ROS-LEHTINEN (R-FL), 2016-05-13T00:00:00.000Z
- Rep. Curbelo, Carlos [R-FL-26] (R-FL), 2016-05-26T00:00:00.000Z
- Rep. Nugent, Richard B. [R-FL-11] (R-FL), 2016-07-14T00:00:00.000Z

## Related bills

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- 114-hr-2726: Apollo 11 50th Anniversary Commemorative Coin Act
- 114-hr-1326: To designate the facility of the United States Postal Service located at 2000 Mulford Road in Mulberry, Florida, as the "Sergeant First Class Daniel M. Ferguso…
- 114-hr-4247: Cuban Immigrant Work Opportunity Act of 2015

## Sources
- [114-hr-4065 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4065)

## Related
- [114-hr-4987: To designate the facility of the United States Postal Service located at 3957 2…](https://policyrisk.com/legislation/114-hr-4987)
- [114-hr-3957: Emergency Citrus Disease Response Act of 2016](https://policyrisk.com/legislation/114-hr-3957)
- [114-hr-3953: To designate the facility of the United States Postal Service located at 4122 M…](https://policyrisk.com/legislation/114-hr-3953)
- [114-hr-2726: Apollo 11 50th Anniversary Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-2726)
- [114-hr-1326: To designate the facility of the United States Postal Service located at 2000 M…](https://policyrisk.com/legislation/114-hr-1326)
- [114-hr-4247: Cuban Immigrant Work Opportunity Act of 2015](https://policyrisk.com/legislation/114-hr-4247)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4065 (as of 2025-11-18).