BoatUS, the American Sportfishing Association, and the National Marine Manufacturers Association hosted a hosted a policy briefing on the Sport Fish Restoration and Boating Trust Fund (SFRBTF) last week.
This was the second in a series of four Congressional Boating Caucus policy briefings and attendees learned of the significant contributions the SFRBTF has made to anglers and boaters nationwide and reasons why their bosses continued support of the SFRBTF is so important to their communities back home.
Funding for the Trust Fund is attained through a “user tax” system, in which excise duties on fishing tackle and equipment, motorboat fuel, and import duties on recreational boats and fishing equipment are collected for the various sportfish restoration programs and boating programs operating under the Dingell-Johnson Sportfish Restoration Act (16 U.S.C. 777). These combined excise taxes and duties on the boating and fishing communities generate nearly $600 million annually.
For more information, contact Jeff Gabriel at NMMA at JGabriel@nmma.org or 202-737-9776.