VESSEL TONNAGE LIMIT.

SEC. 205. VESSEL TONNAGE LIMIT. (a) In General.—Paragraph (4) of section 1355(a) (relating to qualifying vessel) is amended by inserting “(6,000, in the case of taxable years beginning after December 31, 2005, and ending before January 1, 2011)” after “10,000”. (b) Effective Date.—The amendment made by subsection (a) shall apply to taxable years beginning after December 31, 2005.