U.S. Congresswoman Lois Frankel to introduce legislation allowing U.S. sales of foreign-flagged yachts

By Brianna Liestman FORT LAUDERDALE, Fla. – Congresswoman Lois Frankel (D-FL) plans to introduce in mid-November important legislation that would allow U.S. citizens to purchase foreign-flagged yachts while in U.S. waters without paying a costly import duty prior to the sale. Congresswoman Frankel made the announcement during a November 10 press event hosted …read more

Source:: Boating Industry News