Three bills that would benefit the boating and fishing industries advanced in the U.S. Senate on Thursday.
Regulations and Compliance
Many federal and state government regulations affect the marine industry. Trade Only follows developments as companies strive to operate in compliance with the rules.
The International Yacht Brokers Association is hosting a media event today with U.S. Rep. Lois Frankel, D-Fla., to reintroduce a bill to alter a 109-year-old law that prevents sales of foreign-flagged yachts to U.S. citizens while the boats are in U.S. waters.
A Florida bill that would have prevented youths under the age of 16 from driving a boat unless they are supervised by an adult did not pass before the legislature’s final adjournment last week.
Keep Florida Fishing, an advocacy arm of the American Sportfishing Association, and the Everglades Foundation praised the Florida legislature for its support of Everglades restoration after the passage of a bill that was sent to Gov. Rick Scott.
California boaters will need to carry a boater safety education card, beginning in 2018.
The National Marine Manufacturers Association said today that NOAA announced at a South Atlantic Fishery Management Council meeting that an exempted fishing permit that would have allowed a catch-share pilot program for six popular sportfish species was withdrawn.
President Trump’s pro-business stance is encouraging to manufacturers who believe it will lower taxes and ease regulatory burdens, but his desire to dissolve some trade agreements and his talk of a 45 percent tariff on goods from China and a 35 percent tariff on Mexican imports make the manufacturing sector worried.
The Marine Recreation Association is urging California boaters to oppose a bill that would eliminate interest deductions on second homes, which also includes vessels that qualify as second homes.
A little more than a week before it was scheduled to take effect, a federal judge Tuesday blocked an Obama administration rule that would have extended overtime eligibility to 4 million Americans.
In one of its first acts upon returning to Washington, the U.S. House of Representatives unanimously passed the Outdoor REC Act, a bill that moves to count the outdoor recreation economy as part of the U.S. gross domestic product.