HR 2376
107th Congress
House
Public Lands and Natural Resources
Administrative procedure
Agriculture and Food
Animals
Business income tax
California
Charitable contributions
Charities
Claims
Collection of accounts
Commerce
Compensation (Law)
Congress
Congressional reporting requirements
Department of Commerce
Disaster relief
Economics and Public Finance
Emergency Management
Executive orders
Federally-guaranteed loans
Pacific Coast Groundfish Fishery Preservation Act
Introduced: June 28, 2001
See on congress.gov
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 24, 2001
Referred to National Oceanic & Atmosperic Administration (Department of Commerce) for report.
Aug 20, 2001
Referred to Maritime Administration for report.
Jul 10, 2001
Executive Comment Requested from Commerce.
Jul 10, 2001
Referred to the Subcommittee on Fisheries Conservation, Wildlife and Oceans.
Jun 28, 2001
Introduced in House
Jun 28, 2001
Referred to the Committee on Resources, and in addition to the Committees on Ways and Means, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Plain-English summary
Pacific Coast Groundfish Fishery Preservation Act - Directs the Secretary of Commerce to: (1) initiate a pilot project under which fishermen covered by the West Coast groundfish fishery may make charitable donations of fishery bycatch; (2) report on specified actions to provide disaster relief to fishing communities affected by the commercial failure in the Pacific Coast groundfish fishery; and (3) implement an expedited capacity reduction plan for such fishery, including a buyback of fishing permits and vessels, and establishment of an industry fee system to be collected by California, Oregon, and Washington and forwarded to the Secretary.
Amends the Merchant Marine Act, 1936 to make a fund termination and withdrawal from the (nontaxable) capital construction fund a qualified withdrawal if done in exchange for the retirement of a commercial fishing permit and vessel. Amends the Internal Revenue Code respecting such funds to: (1) consider a withdrawal made for payment of an industry fee authorized by this Act a qualified (nontaxable) withdrawal; and (2) permit fund rollover into an individual retirement account (IRA).
What's happening now
Referred to National Oceanic & Atmosperic Administration (Department of Commerce) for report.
Committees of jurisdiction
4
Cosponsors
1