Page:United States Statutes at Large Volume 100 Part 5.djvu/795

 PUBLIC LAW 99-662—NOV. 17, 1986

100 STAT. 4269

than the amount which bears a similar relationship to the value of the cargo. "(2) JURISDICTION OF COURTS AND AGENCIES.—For purposes of

determining the jurisdiction of any court of the United States or any agency of the United States, the tax imposed by this subchapter shall be treated as if such tax were a customs duty. "(3) ADMINISTRATIVE PROVISIONS APPLICABLE TO TAX LAW NOT

TO APPLY.The tax imposed by this subchapter shall not be treated as a tax for purposes of subtitle For any other provision of law relating to the administration and enforcement of internal revenue taxes. "(g) SPECIAL RULES.—Except as provided by regulations— "(1) TAX IMPOSED ONLY ONCE.—Only 1 tax shall be imposed under section 4461(a) with respect to the loading on and unloading from, or the unloading from and the loading on, the same vessel of the same cargo. "(2) EXCEPTION FOR INTRAPORT MOVEMENTS.—Under regulations, no tax shall be imposed under section 4461(a) on the mere movement of cargo within a port. "(h) REGULATIONS.—The Secretary may prescribe such additional regulations as may be necessary to carry out the purposes of this subchapter including, but not limited to, regulations— "(1) providing for the manner and method of payment and collection of the tax imposed by this subchapter, "(2) providing for the posting of bonds to secure payment of such tax, "(3) exempting any transaction or class of transactions from such tax where the collection of such tax is not administratively practical, and "(4) providing for the remittance or mitigation of penalties and the settlement or compromise of claims." (b) CLERICAL AMENDMENT.—The table of subchapters for chapter 36 of the Internal Revenue Code of 1954 is amended by inserting the following before the item relating to subchapter D: "SUBCHAPTER A. Harbor maintenance tax." (c) EFFECTIVE DATE.—The amendments made by this section shall

take effect on April 1, 1987.

26 USC 4461 note.

SEC. 1403. CREATION OF HARBOR MAINTENANCE TRUST FUND. (a) IN GENERAL.—Subchapter A of chapter 98 of the Internal Revenue Code of 1954 (relating to establishment of trust funds) is amended by adding after section 9504 the following new section:

26 USC 9501 et

"SEC. 9505. HARBOR MAINTENANCE TRUST FUND. "(a) CREATION OF TRUST FUND.—There is hereby established in the

Treasury of the United States a trust fund to be known as the 'Harbor Maintenance Trust Fund', consisting of such amounts as may be— "(1) appropriated to the Harbor Maintenance Trust Fund as provided in this section, "(2) transferred to the Harbor Maintenance Trust Fund by the Saint Lawrence Seaway Development Corporation pursuant to section 13(a) of the Act of May 13, 1954, or "(3) credited to the Harbor Maintenance Trust Fund as provided in section 9602(b).

sea. Ante, p. 2095. 26 USC 9505.

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