Amends the Tariff Act of 1930 to exempt vessels designed and used primarily for transporting passengers or property from the duty on equipment and repairs made in a foreign country on a U.S. flag vessel unless the vessel left the United States for the sole purpose of obtaining such equipment or repairs.
Became Public Law No: 98-573.
Forwarded by Subcommittee to Full Committee.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Committee on Finance requested executive comment from OMB, International Trade Commission, Office of the U.S. Trade Representative, Treasury Department, State Department, Commerce Department.
Subcommittee on International Trade. Hearings held.
Committee on Finance. Provisions of measure incorporated into measure H.R. 3398 ordered to be reported.
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