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S. 3374

Fishing Equipment Tax Relief Act of 2016

Fishing Equipment Tax Relief Act of 2016

This bill amends the Internal Revenue Code to reduce from 10% to 3% the excise tax rate that applies to the sale of portable, electronically-aerated bait containers by the manufacturer, producer, or importer.

Read twice and referred to the Committee on Finance.

Sen. Nelson, Bill [D-FL](D-FL)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions1related bills2subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Fishing Equipment Tax Relief Act of 2016 — Informed