HR 5840
114th Congress
House
Taxation
Hunting and fishing
Sales and excise taxes
Fishing Equipment Tax Relief Act of 2016
Introduced: July 14, 2016
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 14, 2016
Referred to the House Committee on Ways and Means.
Jul 14, 2016
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1