To amend the Internal Revenue Code of 1986 to correct mistakes which advertently included certain ferries operating between Portland, Maine, and Nova Scotia under the excise tax on the transportation of passengers by water as opposed to the actual intent which was to tax voyages the primary purpose of which is gambling.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to except from the excise tax on passenger transportation by water a voyage of less than 12 hours on a ferry between a port in the United States and one outside the United States. Defines "ferry" to mean a vessel on which no more than 50 percent of the passengers on any voyage return to the port where the voyage originated on the vessel's first return to port.…