Foreign-Flagged Yachts Sales Bill Reintroduced in Congress

The effort to overturn longstanding restrictions on selling foreign-flagged yachts stateside continues. It encountered a challenge with the start of the new Congressional year. However, thanks to the original bill sponsor, “not for sale to U.S. residents while in U.S. waters” could end with the 115th Congress. In 2015, Rep. Lois Frankel of Florida introduced Continue reading