FOLLOW US:

Stay connected with us
around the nation »


Capital Construction Fund - Documents and Forms

Application Documents

The law requires that applicants enter into a formal agreement with the Secretary of Commerce. The agreement allows the vessel's owner to deposit tax deferred funds which can be used for the construction, reconstruction, or acquisition and reconstruction of a qualified vessel. Applications are accepted at any time, however a complete application must be submitted by your tax due date including extensions to be effective for that particular tax year.

These forms are all .pdf files. Adobe Acrobat Reader is required to view .pdf files. Various versions are available for different systems. To download Adobe Acrobat Reader for FREE!

   accrobat reader button


List of all CCF Application Documents

1. Application Information Cover Letter
2. Fishing Vessel CCF Application
3. Application Instructions
4. Agreement (you must submit 2 copies)
5. Schedule A Eligible Vessel
6. Schedule B - Qualified Vessel for Construction, Acquisition and/or Mortgage Payments
7. Schedule B - Qualified Vessel for Reconstruction
8. Declaration of Citizenship - Corporation
9. Corporate Authorization
10. Declaration of Citizenship - Partnership
11. Partnership Authorization
12. Declaration of Citizenship - Limited Liability Company
13. Limited Liability Company Authorization
14. CCF Investment Guidelines
15. CCF Frequently Asked Questions

 

INDIVIDUAL GROUPING OF CCF APPLICATION DOCUMENTS

Schedule A and Schedule B Forms

Complete a Schedule A for each income producing vessel. Complete a Schedule B form for each qualified vessel project. Schedule B data should include actual or anticipated plans for either construction, acquisition, reconstruction or safety reconstruction. If you are not currently a CCF agreement holder, these forms should be submitted as part of the application.

Documents Dealing with Withdrawal permission Requirements

Withdrawal permission is conditioned upon receipt of certain forms. These forms include:

Deposit/Withdrawal Report Annual Filing (NOAA Form 34-82)

The Deposit/Withdrawal Report is required to be filed each year within 30 days after the due date of that year’s tax return, even if no deposits or withdrawals are made. The Deposit/Withdrawal Report must be signed and be attached to a complete copy of the tax return (as filed with the IRS).

Terminations

Prior to terminating your agreement, you must notify us in writing. You must include the date the account was closed or will be closed. Your file will be reviewed by the CCF Staff and any documents that are missing will be requested. We must receive all missing documents and all requirements of your Agreements must be met before we can terminate your Agreement. Under limited circumstances, you may be relieved of the paperwork burden of supplying missing Deposit/Withdrawal Reports and for tax returns by filing the following forms: