S 1831
108th Congress
Senate
Taxation
Fisheries
Income tax
Public Lands and Natural Resources
Tax administration
Tax deductions
Water Resources Development
A bill to amend the Internal Revenue Code of 1986 to expand income averaging to include the trade or business of fishing.
Introduced: November 6, 2003
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 6, 2003
Read twice and referred to the Committee on Finance.
Nov 6, 2003
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to: (1) provide that income averaging for farmers and fisherman will not increase their alternative minimum tax liability; and (2) permit income averaging for fishermen.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1