summary
Introduced
04/15/2021
04/15/2021
In Committee
04/15/2021
04/15/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to provide a reduced excise tax rate for portable, electronically- aerated bait containers.
AI Summary
This bill, the Fishing Equipment Tax Relief Act of 2021, proposes to amend the Internal Revenue Code to provide a reduced excise tax rate of 3% (down from 10%) on portable, electronically-aerated bait containers. This change would apply to articles sold by manufacturers, producers, or importers after December 31, 2021, offering tax relief for this specific type of fishing equipment.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Read twice and referred to the Committee on Finance. (on 04/15/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/1154/all-info |
| BillText | https://www.congress.gov/117/bills/s1154/BILLS-117s1154is.pdf |
| Bill | https://www.congress.gov/117/bills/s1154/BILLS-117s1154is.pdf.pdf |
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