VIDEO: Congresswoman to introduce bill allowing U.S. sales of foreign-flagged yachts

[EB News Bot]

U.S. Rep. Lois Frankel, D-Fla., plans to introduce bipartisan legislation this month that will allow U.S. citizens to purchase foreign-flagged yachts while in U.S. waters without paying a costly import duty before the sale. Frankel made the announcement during a press event on Tuesday that the Florida Yacht Brokers Association hosted at the Fort Lauderdale...more

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