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United States · Bill · HR

H.R. 3786 (97th)

United States Flag Ship Fair Competition Tax Act of 1981

referredUnited States· United States Congress· EN

Introduced

4 June 1981

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

United States Flag Ship Fair Competition Tax Act of 1981 - Amends the Internal Revenue Code to permit accelerated depreciation for vessels documented under the laws of the United States. Provides a useful life of one or more years for vessels constructed in the United States and a useful life of five or more years for foreign-built vessels.

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Documents

1 official file

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