Legislation Underway to Permit Purchase of Foreign Flagged Boats in U.S.
A bill introduced in Congress would make it possible for foreign-flagged boats to be offered to sell to U.S. residents while in U.S. waters. Nine members of the International Yacht Brokers Association (IYBA) traveled to Washington, DC in May to gain support for this bill, HR Bill #2369, which has bipartisan co-sponsorship by Florida…