46 USC § 60306 - Vessels not engaged in trade

---
identifier: "/us/usc/t46/s60306"
source: "usc"
legal_status: "official_legal_evidence"
title: "46 USC § 60306 - Vessels not engaged in trade"
title_number: 46
title_name: "SHIPPING"
section_number: "60306"
section_name: "Vessels not engaged in trade"
chapter_number: 603
chapter_name: "TONNAGE TAXES AND LIGHT MONEY"
positive_law: true
currency: "119-84"
last_updated: "2026-03-26"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 109–304, § 9(b), Oct. 6, 2006, 120 Stat. 1678.)"
---


# § 60306. Vessels not engaged in trade

A vessel is exempt from tonnage taxes and light money when not engaged in trade.

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**Source Credit**: (Pub. L. 109–304, § 9(b), Oct. 6, 2006, 120 Stat. 1678.)

| RevisedSection | Source (U.S. Code) | Source (Statutes at Large) |
| --- | --- | --- |
| 60306 | 46 App.:121 (3d sentence related to trade). | Aug. 5, 1909, ch. 6, § 36 (2d sentence related to trade), 36 Stat. 111; Pub. L. 101–508, title X, § 10402(a), Nov. 5, 1990, 104 Stat. 1388–398; Pub. L. 103–66, title IX, § 9001(a)(3), (c)(1), Aug. 10, 1993, 107 Stat. 402. |

The words “and light money” are added for clarity and consistency. See 19 C.F.R. § 4.21 (2003).