United States · Bill · HR
H.R. 677 (106th)
Boat Building Investment Act of 1999
Introduced
10 February 1999
Last action
1 March 1999 · Referred
Status
Referred to the Subcommittee on Telecommunications, Trade, and Consumer Protection, for a period to be subsequently determined by the Chairman.
Sponsors
Rep. Kennedy, Patrick J. [D-RI-1]
Subjects
Taxation
Source updated
20 August 2025
Summary
Boat Building Investment Act of 1999 - Amends the Internal Revenue Code to allow a personal tax credit (20 percent of the cost, $2 million maximum) for the purchase of a new U.S.-made luxury yacht. Sets forth credit recapture rules upon disposition or registration or maintenance outside the United States. Directs the Secretary of Commerce to establish a grant program to: (1) encourage persons outside the United to purchase such yachts; and (2) train yacht workers. Authorizes appropriations.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
10 February 1999
Introduced
Introduced in House
Source: IntroReferral
10 February 1999
Introduced
Introduced in House
Source: IntroReferral
10 February 1999
Introduced
Referred to the Committee on Ways and Means, and in addition to the Committee on Commerce, 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.
Source: IntroReferral
10 February 1999
Introduced
Referred to the Committee on Ways and Means, and in addition to the Committee on Commerce, 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.
Source: IntroReferral
1 March 1999
Referred
Referred to the Subcommittee on Telecommunications, Trade, and Consumer Protection, for a period to be subsequently determined by the Chairman.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 10 February 1999 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 10 February 1999
Introduced in House (PDF)
Introduced in House · EN · 10 February 1999
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Introduced in House
summary · EN · 10 February 1999
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Sponsors
- Rep. Kennedy, Patrick J. [D-RI-1] · D · Sponsor
- · hsif00 · Standing
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/106th-congress/house-bill/677
- Open data entity: https://api.congress.gov/v3/bill/106/hr/677
- us · 106-hr-677 · source updated 20 August 2025