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A VESSEL LICENSING FEE AS AN ALTERNATIVE PROPOSAL FOR A DEEP DRAFT WATERWAY USER CHARGE 1
Author(s) -
Martin Michael V.
Publication year - 1984
Publication title -
jawra journal of the american water resources association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.957
H-Index - 105
eISSN - 1752-1688
pISSN - 1093-474X
DOI - 10.1111/j.1752-1688.1984.tb04674.x
Subject(s) - tonnage , license , user fee , fuel tax , business , value (mathematics) , finance , computer science , law , political science , oceanography , machine learning , revenue , geology , operating system
Congress, with the support of the Reagan Administration, is considering the imposition of a user fee on deep draft waterways and ports. Two major bills emerged in the 98th Congress and proposes a tax on import‐export value while the other proposes a tax on import‐export tonnage. This paper proposes and discusses another user fee alternative, a vessel licensing system. It outlines the advantages of such a fee system under a set of assumed objectives and discusses the range of possible license charge levels under a cost recovery target of $250 million.