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HR 5655 118th Congress House Taxation

Bryson Fitch Fishermen Protection Act

Introduced: September 21, 2023 Introduced by: Perez, Marie Gluesenkamp Democratic · Washington See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 21, 2023
Introduced in House
Sep 21, 2023
Referred to the House Committee on Ways and Means.
 Plain-English summary Congressional Research Service

Bryson Fitch Fishermen Protection Act

This bill allows a business-related tax credit for up to 50% of costs incurred for the purchase of personal locator beacons (PLBs) on a commercial vessel that has such beacons for every individual aboard the vessel. It also allows an income tax credit for individual taxpayers who purchase a PLB for use on a commercial vessel that does not have PLBs for every individual on board. The credits expire in taxable years beginning after 2028.

What's happening now September 21, 2023

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1