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What is Harbor Maintenance Fee (HMF)

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What is a Harbor Maintenance Fee (HMF)?

The Harbor Maintenance Fee was created by the Water Resource Act of 1986. The fee is intended to require those who benefit from the maintenance of U.S. ports and harbors to share the cost of the maintenance. The fee became effective April 11, 1987, and has been assessed on port use associated with imports, exports, and movement of cargo and passengers between domestic ports. As of March 31, 1998, it is no longer collected on exports. The fee is currently 0.125% of the value of the commercial cargo shipped. The fee, once collected by CBP, is deposited in the Harbor Maintenance Trust fund, from which Congress may appropriate amounts to pay for harbor maintenance and development projects and related expenses.


 

Disclaimer: Please note that all information provided in this post is for reference purposes only and should not be construed as legal advice. It is recommended that you consult with a qualified professional for specific inquiries or concerns. This website is not comprehensive and does not encompass all the necessary aspects of import procedures. 


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