MIME-Version: 1.0 Content-Type: multipart/related; boundary="----=_NextPart_01C9EF43.A35E8DE0" This document is a Single File Web Page, also known as a Web Archive file. If you are seeing this message, your browser or editor doesn't support Web Archive files. Please download a browser that supports Web Archive, such as Microsoft Internet Explorer. ------=_NextPart_01C9EF43.A35E8DE0 Content-Location: file:///C:/A3795E39/ProposedHMFIncrease061609.htm Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii" Proposed Bill Would Increase Harbor Maintenance Fee

TRADE ALERT

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Proposed Bill Would Incre= ase Harbor Maintenance Fee

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(June 16, 2009)

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H.R. 2355, the Making Opportunities via Efficient and More Effective National Transportation (Movement) Act of 2009, has recently been introduced in the House of Representatives.  The= bill would raise funding for infrastructure projects related to the transportati= on of goods.  It is important to = note that this bill has only been introduced in the House and is not in effect.

 

The proposed bill includes two possible changes to the Harbor Maintenance Fee (= HMF) also know as Harbor Maintenance Tax (HMT).=   HMF would increase from 0.125 percent to 0.4375 percent of the value= of the commercial cargo entering seaports.&nb= sp; Additionally, HMF would be expanded to include all US land ports and= seaports that collect taxes.  A new HMF= of 0.3125 percent would be collected on goods that enter the US via a foreign port, such as arriving in Montréal or Vancouver and then entering th= e US through a land border.  Howeve= r, to stay inline with NAFTA, the HMF would not apply to goods that originate in Canada and Mexico.    

 

More than 70 percent of the fees collected would be used by the Department of Transportation for infrastructure improvement processes.

 

A copy of H.R. 2355 can be found at http://frwebgate.access.gpo.gov/cgi-= bin/getdoc.cgi?dbname=3D111_cong_bills&docid=3Df:h2355ih.txt.pdf  

 

Questions or concerns should be directed to industry association action groups or your Congressman or Congresswoman.  Though there are many unanswered questions concerning this new bill, it is importa= nt to follow the progress, as it would dramatically impact supply chain expens= es if signed into law. 

 

 

 

About Deringer

A.N. Deringer, Inc. is a leading provider of international logistics services including Freight Forwarding, Warehousing & Distribution, Cust= oms Brokerage, Logistics Consulting, Cargo Insurance, Duty Drawback, and Meat Inspection. Deringer combines over 30 US offices with a global agency netwo= rk to facilitate the movement of cargo throughout the world.

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