,i #aafth ,,congress #ast ,session ,h4 ,r4 #bbci ,,in ,,the ,,house ,,of ,,representatives ,april #aj1 #bjai,ms4 ,frankel 7for herself and ,mr4 ,yoho7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,tariff ,act of #aicj to provide for a deferral of the payment of a duty upon the sale of certain used vessels1 and for other purposes4 #a4 ,duty upon sale of certain used vessels 7a7 ,in general ,title ,,iv of the ,tariff ,act of #aicj 7#ai ,u4,s4,c4 #adja et seq47 is amended by striking section #dhd;b and inserting the following3 #dhd;b4 ,duty upon sale of certain used vessels 7a7 ,in general ,notwithstanding any other provision of law1 any used vessel that has a valid cruising license under the laws of the ,united ,states may enter1 may be offered for sale in1 and may remain in1 the customs territory of the ,united ,states without the payment of duty1 except that-- 7#a7 if the used vessel1 while in the customs territory of the ,united ,states1 is sold to a resident of the ,united ,states-- 7,a7 entry of the used vessel shall be completed and duty shall be deposited with ,u4,s4 ,customs and ,border ,protection within #ae days after the date on which the sale is completed2 and 7,b7 any bonded broker or dealer involved in the sale shall collect the duty and remit the duty to ,u4,s4 ,customs and ,border ,protection within #ae days after the date on which the sale is completed2 and 7#b7 duty on the sale of a vessel described in paragraph 7#a7 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 vessel at the time of sale4 7b7 ,no posting of bond ,no bond may be required to be posted1 upon entry of a used vessel into the customs territory of the ,united ,states1 for the duty otherwise payable on the entry of a used vessel to which subsection 7a7 applies4 7c7 ,definition ,as used in this section1 the term used vessel means a vessel that has been sold1 before the vessel is brought into the customs territory of the ,united ,states1 by a manufacturer or dealer to a retail consumer and that is used primarily for recreation or pleasure4 7d7 ,regulations ,the ,commissioner responsible for ,u4,s4 ,customs and ,border ,protection may issue such regulations as may be necessary to carry out this section4 4 7b7 ,relationship to ,harmonized ,tariff ,schedule ,additional ,u4,s4 ,note #a to chapter #hi of the ,harmonized ,tariff ,schedule of the ,united ,states is amended by inserting 1 subject to section #dhd;b of the ,tariff ,act of #aicj 7#ai ,u4,s4,c4 #adhd;b7 after payment of duty4 #b4 ,effective date ,the amendments made by section #a shall apply to vessels entering the customs territory of the ,united ,states on or after the #aeth day after the date of the enactment of this ,act4