To amend title 46, United States Code, to include certain passenger ferries as eligible and qualified vessels under Capital Construction Funds, and for other purposes.

Bill: 117-hr-6882
Sponsor: full_name: Rep. Garamendi, John [D-CA-3]
Introduced: 2022-03-01
Policy area: Transportation and Public Works
Subjects: Income tax deferral

Marine and inland water transportation
Latest action: action_date: 2022-03-02
text: Referred to the Subcommittee on Coast Guard and Maritime Transportation.

Summaries:
action_date: 2022-03-01
action_desc: Introduced in House
text: <p>This bill makes certain ferries and passenger vessels eligible and qualified vessels for capital construction funds. U.S. citizens owning or leasing an eligible vessel may make an agreement with the Department of Transportation to establish a capital construction fund for such vessel to provide replacement vessels, additional vessels, or reconstructed vessels built in and documented under the laws of the United States.</p>

tv_txt: I 117th CONGRESS 2d Session H. R. 6882 IN THE HOUSE OF REPRESENTATIVES March 1, 2022 Mr. Garamendi introduced the following bill; which was referred to the Committee on Transportation and Infrastructure A BILL To amend title 46, United States Code, to include certain passenger ferries as eligible and qualified vessels under Capital Construction Funds, and for other purposes.

1. Definitions of eligible and qualified vessels (a) Eligible vessel Section 53501(2) of title 46, United States Code, is amended— (1) in subparagraph (A)(iii) by striking and at the end; (2) in subparagraph (B)(v) by striking the period at the end and inserting a semicolon; and (3) by adding at the end the following: (C) a ferry, as such term is defined in section 2101; and (D) a passenger vessel or small passenger vessel, as such terms are defined in section 2101, that has a passenger capacity of 50 passengers or greater. . (b) Qualified vessel Section 53501(5) of title 46, United States Code, is amended— (1) in subparagraph (A)(iii) by striking and at the end; (2) in subparagraph (B)(v) by striking the period at the end and inserting a semicolon; and (3) by adding at the end the following: (C) a ferry, as such term is defined in section 2101; and (D) a passenger vessel or small passenger vessel, as such terms are defined in section 2101, that has a passenger capacity of 50 passengers or greater. . 2. Establishing a Capital Construction Fund Section 53503(b) of title 46, United States Code, is amended by inserting (including transportation on a ferry, passenger vessel, or small passenger vessel, as such terms are defined in section 2101, that has a passenger capacity of 50 passengers or greater) after short sea transportation .