I 
115TH CONGRESS 
1ST SESSION H. R. 2369 
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. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 4, 2017 
Ms. FRANKEL of Florida (for herself, Mr. YOHO, Mr. FRANCIS ROONEY of 
Florida, Mr. DEUTCH, Mr. DIAZ-BALART, Mr. HASTINGS, Mr. 
DESANTIS, Mr. THOMAS J. ROONEY of Florida, and Mr. MAST) intro-
duced the following bill; which was referred to the Committee on Ways 
and Means 
A BILL 
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. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. DUTY UPON SALE OF CERTAIN USED YACHTS. 
(a) IN GENERAL.—Title IV of the Tariff Act of 1930 
(19 U.S.C. 1401 et seq.) is amended by striking section 
484b and inserting the following: 
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‘‘SEC. 484b. DUTY UPON SALE OF CERTAIN USED YACHTS. 
‘‘(a) IN GENERAL.—Notwithstanding any other pro-
vision of law, any used yacht that has a valid cruising li-
cense under the laws of the United States may enter, may 
be offered for sale in, and may remain in, the customs 
territory of the United States without the payment of 
duty, except that— 
‘‘(1) if the used yacht, while in the customs ter-
ritory of the United States, is sold to a resident of 
the United States— 
‘‘(A) entry of the used yacht shall be com-
pleted and duty shall be deposited with U.S. 
Customs and Border Protection within 15 days 
after the date on which the sale is completed; 
and 
‘‘(B) any yacht broker or dealer involved in 
the sale shall collect the duty and remit the 
duty to U.S. Customs and Border Protection 
within 15 days after the date on which the sale 
is completed; and 
‘‘(2) duty on the sale of a yacht described in 
paragraph (1) shall be calculated at the applicable 
rate provided under the Harmonized Tariff Schedule 
of the United States and shall be based upon the 
value of the yacht at the time of sale. 
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‘‘(b) NO POSTING OF BOND.—No bond may be re-
quired to be posted, upon entry of a used yacht into the 
customs territory of the United States, for the duty other-
wise payable on the entry of a used yacht to which sub-
section (a) applies. 
‘‘(c) DEFINITION.—As used in this section, the term 
‘used yacht’ means a vessel that has been sold, before the 
vessel is brought into the customs territory of the United 
States, by a manufacturer or dealer to a retail consumer 
and that is used primarily for recreation or pleasure. 
‘‘(d) REGULATIONS.—The Commissioner responsible 
for U.S. Customs and Border Protection may issue such 
regulations as may be necessary to carry out this sec-
tion.’’. 
(b) RELATIONSHIP TO HARMONIZED TARIFF SCHED-
ULE.—Additional U.S. Note 1 to chapter 89 of the Har-
monized Tariff Schedule of the United States is amended 
by inserting ‘‘, subject to section 484b of the Tariff Act 
of 1930 (19 U.S.C. 1484b)’’ after ‘‘payment of duty’’. 
SEC. 2. EFFECTIVE DATE. 
The amendments made by section 1 shall apply to 
vessels entering the customs territory of the United States 
on or after the 15th day after the date of the enactment 
of this Act. 
Æ 
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