H.R. 5840 · 114th Congress
Fishing Equipment Tax Relief Act of 2016
- Stage
- In committee
- Sponsor
- David Jolly
- Introduced
- 2016-07-14
- Latest action
- 2016-07-14 · Introduced in House
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.