TREATMENT OF DEEP-DRAFT VESSELS.

SEC. 11166. [26 U.S.C. 4101 note] TREATMENT OF DEEP-DRAFT VESSELS. (a) In General.—On and after the date of the enactment of this Act, the Secretary of the Treasury shall require that a vessel described in section 4042(c)(1) of the Internal Revenue Code of 1986 be considered a vessel for purposes of the registration of the operator of such vessel under section 4101 of such Code, unless such operator uses such vessel exclusively for purposes of the entry of taxable fuel. (b) Exemption for Domestic Bulk Transfers by Deep-Draft Vessels.— * * * * * * * (2) [26 U.S.C. 4081 note] Effective date.—The amendment made by this subsection shall take effect on the date of the enactment of this Act.