The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every Tuesday on BoatingIndustry.com.
1. New Jersey passes boat tax cut
It could soon be cheaper to buy a boat in New Jersey, with the state Assembly and Senate voting to cut the sales tax on boats by 50 percent.
It now heads to Gov. Chris Christie, who is expected to sign it.
The bill cuts the state’s 7 percent sales tax to 3.5 percent on boats and caps total sales tax collection at $20,000 on any vessel.
2. Layoffs threatened at Fairline Boats
Luxury U.K. boat builder Fairline has gone into administration, threatening the 450 jobs there.
The company was acquired by Wessex Bristol in September and already announced a number of layoffs.
3. MarineMax closing former Parker Boat location
MarineMax is shuttering its Daytona Beach location, the Daytona Beach New-Journal reported.
The site is still owned by Parker Boat Co., which sold its dealerships in both Daytona Beach and Orlando to MarineMax in 2013.
4. Miami-Dade scuttles Uber’s boat plan
With traffic congestion caused by the annual Art Basel show, ride sharing service Uber came up with an idea to use boats to head off some of that traffic around Miami Beach.
The plan. though, was shut down by Miami-Dade County after local officials said they didn’t have the proper permits for their dock. It continues a long-standing dispute between Uber and Miami-Dade.
5. RBFF to host Kids Corner at Miami
The Take Me Fishing and Vamos A Pescar brands will host a Kids Corner exhibit at the 2016 Miami International Boat Show with interactive fishing and boating activities for families.
Kids will have the opportunity to paint a t-shirt with fish patterns and take part in a Lifejacket Relay, among other activities. RBFF staff will also be handing out bilingual “Color a Fish” coloring books to attendees who stop by.