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United States · Bill · HR

H.R. 1267 (112th)

To amend the Internal Revenue Code of 1986 to modify the application of the tonnage tax on certain vessels.

referredUnited States· United States Congress· EN

Introduced

30 March 2011

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Amends the Internal Revenue Code to modify the alternative tax on qualifying shipping activities to treat a corporation electing such tax as continuing to use a qualifying vessel in the U.S. foreign trade during any period of use in the U.S. domestic trade, thus eliminating the 30 day limitation on operating in U.S. domestic trade under current law.

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Documents

3 official files

Introduced in House (text)

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Sources

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