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S 551 113th Congress Senate Transportation and Public Works Marine and coastal resources, fisheries Marine and inland water transportation Tax administration and collection, taxpayers

Capital Construction Fund Penalty Relief Act

Introduced: March 13, 2013 Introduced by: Wyden, Ron Democratic · Oregon See on congress.gov
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 13, 2013
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1788-1789)
Mar 13, 2013
Sponsor introductory remarks on measure. (CR S1787-1788)
Mar 13, 2013
Introduced in Senate
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 Plain-English summary Congressional Research Service

Capital Construction Fund Penalty Relief Act - Permits any person who entered into a capital construction fund agreement (an agreement to provide replacement vessels, additional vessels, or reconstructed vessels) with respect to certain vessels operated in the fisheries of the United States to make an election to terminate the capital construction fund established under such agreement.

Amends the Internal Revenue Code to prescribe requirements regarding the effect of such an election, including the distribution and taxation of such funds, on individuals and entities.

What's happening now March 13, 2013

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1788-1789)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 3 Republican 1
D
Cantwell, Maria
Washington · Mar 13, 2013
 D
Merkley, Jeff
Oregon · Mar 13, 2013
 R
Murkowski, Lisa
Alaska · Mar 13, 2013
 D
Murray, Patty
Washington · Mar 13, 2013
Cite this page click to expand
APA
U.S. Congress. (2026). S. 551: Capital Construction Fund Penalty Relief Act. 113th Congress. Open America. https://openamerica.io/bill/113-S-551/
MLA
"S. 551: Capital Construction Fund Penalty Relief Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-S-551/.
Bluebook (legal)
S. 551, 113th Cong. (2026), https://openamerica.io/bill/113-S-551/.
Markdown link
[S. 551: Capital Construction Fund Penalty Relief Act](https://openamerica.io/bill/113-S-551/)
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