3.0.0 3370 2023-01-11T13:18:24Z 2023-01-11T13:18:24Z House H HR 2009-07-29 111 hspw00 Transportation and Infrastructure Committee House Standing hspw07 Coast Guard and Maritime Transportation Subcommittee Referred to 2009-07-30T16:33:26Z Referred to 2009-07-29T14:02:40Z hswm00 Ways and Means Committee House Standing Referred to 2009-07-29T14:02:39Z 2009-07-30 hspw07 Coast Guard and Maritime Transportation Subcommittee 1 House committee actions Referred to the Subcommittee on Coast Guard and Maritime Transportation. Committee 2009-07-29 Referred to House Transportation and Infrastructure IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2009-07-29 Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2009-07-29 Referred to House Ways and Means IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2009-07-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-07-29 Introduced in House IntroReferral 1000 9 Library of Congress D000602 Rep. Davis, Artur [D-AL-7] Artur Davis D AL 7 N B001255 Rep. Boustany, Charles W., Jr. [R-LA-7] Charles Boustany R LA W. 7 2009-07-29 True Transportation and Public Works Business investment and capital Income tax deferral Marine and inland water transportation Tax administration and collection, taxpayers Transportation and Public Works 00 2009-07-29 Introduced in House 2009-10-26T21:03:26Z Vessel Repair Enhancement Act of 2009 - Expands, for capital construction fund provisions, the definition of "qualified vessel" to include: (1) a vessel documented under U.S. laws and maintained or repaired in a privately owned shipyard in the United States; and (2) any floating dry dock and related shipyard infrastructure (including marine railways) located in the United States and used to build, maintain, or repair U.S.-documented vessels.

Amends federal merchant marine law and the Internal Revenue Code to: (1) allow capital construction funds to be used for maintenance or repair of vessels documented under the laws of the United States; (2) establish the order of withdrawal for purposes of the tax treatment of qualified withdrawals from such funds; and (3) disallow a basis reduction for maintenance or repair withdrawals.

]]> Vessel Repair Enhancement Act of 2009 Display Title Vessel Repair Enhancement Act of 2009 Official Title as Introduced To permit qualified withdrawals from a capital construction fund account for the maintenance or repair of United States-flag vessels provided that the maintenance or repair is performed within the United States. Introduced in House IH Short Titles as Introduced Vessel Repair Enhancement Act of 2009 Introduced in House 2009-07-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr3370ih/xml/BILLS-111hr3370ih.xml 2009-07-30 Referred to the Subcommittee on Coast Guard and Maritime Transportation. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.