Title 46 — ShippingRelease 119-73not60
§60304 Presidential Suspension of Tonnage Taxes and Light Money
Title 46 › Subtitle Subtitle VI— Clearance, Tonnage Taxes, and Duties › Chapter 603— TONNAGE TAXES AND LIGHT MONEY › § 60304
Summary
Suspend special tonnage taxes and light money on foreign ships if President finds no discriminating or countervailing duties harming U.S.
Full Legal Text
Title 46, §60304
Shipping — Source: USLM XML via OLRC
If the President is satisfied that the government of a foreign country does not impose discriminating or countervailing duties to the disadvantage of the United States, the President shall suspend the imposition of special tonnage taxes and light money under section 60302 and 60303 of this title on vessels of that country.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 6030446 App.:121 (5th sentence words after semicolon).R.S. § 4219 (4th sentence words after semicolon); Feb. 27, 1877, ch. 69, § 1, 19 Stat. 250. The words “If the President is satisfied . . . the President shall suspend the imposition” are substituted for “none of the duties . . . shall be levied . . . if the President of the United States shall be satisfied”, the words “does not impose” are substituted for “have been abolished”, and the words “special tonnage taxes and light money” are substituted for “duties on tonnage above mentioned”, for clarity.
Reference
Citations & Metadata
Citation
46 U.S.C. § 60304
Title 46 — Shipping
Last Updated
Apr 5, 2026
Release point: 119-73not60