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For the third consecutive year, MegayachtNews.com is serving as a co-host of the American Boating Congress, a comprehensive legislative conference in May. The American Boating Congress is a marine-industry initiative spanning more than two decades. It’s being held May 9 to 11 in Washington, D.C. and brings together more than 200 yacht builders, brokers, andContinue Reading
A bipartisan bill introduced to the U.S. Congress today aims to change federal laws restricting foreign-flagged yacht sales to U.S. citizens while in U.S. waters. The bill, H.R.4065, was created by Lois Frankel, a Florida Congresswoman. It’s co-sponsored by Ted Yoho, who also represents Florida. Frankel is a Democrat, while Yoho is a Republican. TheContinue Reading
EDITOR’S NOTE: The Florida Yacht Brokers Association (FYBA) is one of the world’s largest organizations representing those helping yacht owners buy and sell their boats. Among other things, FYBA lobbies on behalf of the yachting industry on hot-button issues. One of the latest is the longstanding U.S. law that, in essence, prevents foreign-flagged yachts toContinue Reading