b'LEGISLATIVE REPORTLEGISLATIVE PVA Members Take Advantage ofthe Capital Construction Fund RICHARD PATCH // LEGISLATIVE DIRECTORA s word begins to filter out ofprivately-ownedU.S.-flaggedpassen- ofanytype),moreandmorePVA an exciting, newly expandedger vessel owners (indeed, operators ofmembers are beginning to take advan-federal program that benefitsprivately-ownedU.S.-flaggedvesselstage of this golden opportunity. The newlyrevampedCapitalConstruc-tion Fund (CCF) can be likened to a maritime IRA; it offers PVA members achancetoshieldincomegenerated by a vessels operation from taxation while growing a nest egg that can be Public Tickets &used to construct or acquire new ves-Private Charters sels, reconstruct existing vessels, and/.together at last or retire construction debt.YoumayrecallfromtheDecember 2022 issue of Foghorn that the previ-EFFORTLESSEFFORTLESS ous eligibility for the CCF was limited RESERVATIONS CONTRACTS toprivatepassengervesseloperators + TICKETING for Private Charters whowishedtoputnewvehicle-car-for Public Cruises and Group Bookings rying ferries into service anywhere in thecountryand/ortothoseprivate Integrated online,Custom PDF contractsoperatorsinAlaska,Hawaii,Puerto phone and walk-upwith fully-trackable bookings versioning Rico, and the U.S. Virgin Islands who wished to put new passenger vessels of Automated conrmation,Support for privateany type into service.reminder and follow-upcharters, schools and emails tour groups Late last year, Congress expanded the Marketing and SearchDetailed reports forprogramseligibilitytoanyprivate Engine Optimizationevent planning andowner of a U.S.-flagged passenger ves-(SEO) nancial tracking sel. PVA had lobbied for this expan-Personalized set-up,sion of eligibility for an extended peri-training and supportResource tracking forod; it was always high on the agenda of included multi-use inventory prior PVA legislative fly-ins to Capitol Hill. As a result of this expansion, any private PVA member can set up a CCF and then save and earn tax-free to up-Manage your entiredate and modernize their fleet.business from a single, integrated platform TheCCFisadministeredbythe U.S. Maritime Administration (MA-SCHEDULE A DEMO RAD),apartoftheU.S.Depart-WWW.STARBOARDSUITE.COMFOGHORN 28'