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BOAT USER FEE REPEAL SIGNED INTO LAW

 BOAT USER FEE REPEAL SIGNED INTO LAW
 WASHINGTON, Nov. 3 /PRNewswire/ -- The National Marine


Manufacturers Association (NMMA) expressed its appreciation to all factions of the boating industry for working towards successful repeal of the boat user fee.
 As outlined in H.R. 2152, which was signed into law yesterday by President Bush, the boat "user fee," which was instituted as part of the 1990 budget agreement, will be phased out over a two-year period. Recreational boats 21 feet and smaller will no longer have to display the user fee decal. The user fee decal costs range from $25 to $100 based on the size of the boat. On Oct. 1, 1993, the fee requirement will be removed from boats 37 feet and under and will be completely exempt for all boats on Oct. 1, 1994.
 NMMA President Jeff Napier praised the entire industry for their efforts towards successful repeal, saying: "The grassroots measures and the work by boating groups represented in Washington have displayed remarkable unity in fighting the user fee. As an industry, we have proven that our voice can affect change in Washington, and we can use this strength to win repeal of the boat luxury tax in the near future."
 Napier claimed that while repeal of the user fee was a giant victory for the industry, economic recovery for the boat manufacturing industry will not begin to register on the radar screen until the 10 percent boat luxury tax is repealed. President Bush has vowed to veto the tax bill which includes luxury tax repeal. Napier noted that NMMA has devised a blueprint for repeal early in 1993.
 -0- 11/3/92
 /CONTACT: Cheri Jacobus of the National Marine Manufacturers Association, 202-944-4980/ CO: National Marine Manufacturers Association ST: District of Columbia IN: MAR SU: LEG


DC -- DC021 -- 2226 11/03/92 17:37 EST
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Date:Nov 3, 1992
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