S 1193
108th Congress
Senate
Taxation
Administrative procedure
Commerce
Department of Commerce
Equipment and supplies
Fees
Fisheries
Fishery management
Fishing boats
Government Operations and Politics
Income tax
Individual retirement accounts
Labor and Employment
Law
Licenses
Marine and coastal resources, fisheries
Marine safety
Merchant seamen
Overfishing
Shipbuilding
Capital Construction Fund Qualified Withdrawal Act of 2003
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 5, 2003
Read twice and referred to the Committee on Finance.
Jun 5, 2003
Sponsor introductory remarks on measure. (CR S7483)
Jun 5, 2003
Introduced in Senate
Plain-English summary
Capital Construction Fund Qualified Withdrawal Act of 2003 - Amends the Merchant Marine Act and the Internal Revenue Code to permit as qualified withdrawals from fishing capital construction funds money used by retiring fishermen for the following purposes: (1) retiring an owner's commercial fishing vessels and related commercial fishing permits; (2) making a rollover contribution into an owner's individual retirement plan; (3) making a payment of an industry fee authorized by the fishing capacity reduction program; (4) the acquisition of a vessel monitoring system as a safety improvement for a fishing vessel; and (5) the acquisition or construction of fishing gear designed to minimize or avoid bycatch.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1