HR 3786 97th Congress House Taxation Depreciation and amortization Income tax Shipbuilding Ships Ships and shipping Tax deductions

United States Flag Ship Fair Competition Tax Act of 1981

Introduced: June 4, 1981 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jun 4, 1981

Referred to House Committee on Ways and Means.

Jun 4, 1981

Introduced in House

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Plain-English summary Congressional Research Service

United States Flag Ship Fair Competition Tax Act of 1981 - Amends the Internal Revenue Code to permit accelerated depreciation for vessels documented under the laws of the United States. Provides a useful life of one or more years for vessels constructed in the United States and a useful life of five or more years for foreign-built vessels.

What's happening now June 4, 1981

Referred to House Committee on Ways and Means.

Committees of jurisdiction 1

Ways and Means Committee
House of Representatives

Cosponsors 1

Wyden, Ron

Oregon · Jun 17, 1981

Cite this page click to expand

APA

U.S. Congress. (2026). H.R. 3786: United States Flag Ship Fair Competition Tax Act of 1981. 97th Congress. Open America. https://openamerica.io/bill/97-HR-3786/

MLA

"H.R. 3786: United States Flag Ship Fair Competition Tax Act of 1981." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HR-3786/.

Bluebook (legal)

H.R. 3786, 97th Cong. (2026), https://openamerica.io/bill/97-HR-3786/.

Markdown link

[H.R. 3786: United States Flag Ship Fair Competition Tax Act of 1981](https://openamerica.io/bill/97-HR-3786/)