Jan 10, 2011 · In 1986, the Harbor Maintenance Tax (HMT) was enacted to fund U.S. Army Corps of Engineers’ (USACE or the Corps) activities related to the routine operation and maintenance (O&M) of harbors, namely the dredging of harbor channels to their authorized depths and widths.

The Harbor Maintenance Tax (HMT), created in 1986, is a critical source of funding for America’s ports and harbors, yet is in dire need of reform because it is underutilized, distributed inequitably, and negatively impacts the competitiveness of U.S. ports.

Sep 12, 2013 · Under existing law, the cost of harbor maintenance is supported by a harbor maintenance tax (HMT) on imported and domestic waterborne cargo and cruise passengers. The tax rate is 0.125% of the value of cargo shipped or cruise tickets sold, representing $1.25 per $1,000 of cargo or cruise ticket value.

Funding for maintenance dredging comes from the Harbor Maintenance Tax (HMT) with proceeds deposited into the Harbor Maintenance Trust Fund (HMTF) and appropriated by Congress.

The Harbor Maintenance Tax (HMT) is a . î ñ% ad valorem federal tax paid by shippers based on the value of the imported goods. The tax was created in õ ô ò to fund the cost of operations and maintenance, primarily dredging of federal naviga-

HMT and Donor Equity • Large amounts HMT revenues are generated at some ports that have minimal maintenance dredging needs • WRRDA 2014 addressed this in Sections 2102 and 2106 • Qualifying ports can use a small portion of the HMT funds (subject to appropriation) for waterside maintenance • Berth dredging • Contaminated sediment removal

Jan 25, 2010 · In 1986, Congress enacted the Harbor Maintenance Tax (HMT) to recover operation and maintenance (O&M) costs at U.S. coastal and Great Lakes harbors from maritime shippers. O&M is mostly the dredging of harbor channels to their authorized depths and widths.

Existing operators and those who are working on start-up service initiatives have identified the Harbor Maintenance Tax (HMT) as a major discouragement for the use of waterborne transport of domestic intermodal cargo, notably goods moving in containers and on trailers.

The Harbor Maintenance Tax (HMT) and Harbor Maintenance Trust Fund (HMTF) were established in 1986 to fund the operation and maintenance of Federal ports and harbors. The HMT is charged against the value of imports and domestic cargo arriving at U.S. ports that have federally-maintained harbors and channels and deposited into the HMTF.

Jan 13, 2004 · The Harbor Maintenance Tax (HMT) was instituted by the Water Resources Development Act (WRDA) of 1986 (P.L. 99-662) to pay for the routine maintenance and operations costs of harbors. Numerous legal challenges to the HMT raise questions about its future and the issue of possible legislative changes.