US SB1208 | 2011-2012 | 112th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on June 15 2011 - 25% progression, died in committee
Action: 2011-06-15 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 15 2011 - 25% progression, died in committee
Action: 2011-06-15 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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. Sets forth provisions concerning the effect of such election, including the distribution and taxation of such funds, on individuals and entities.
Title
A bill to provide an election to terminate certain capital construction funds without penalties.
Sponsors
| Sen. Ron Wyden [D-OR] | Sen. Mark Begich [D-AK] | Sen. Maria Cantwell [D-WA] | Sen. Lisa Murkowski [R-AK] |
| Sen. Patty Murray [D-WA] | Sen. Olympia Snowe [R-ME] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-06-15 | Senate | Read twice and referred to the Committee on Finance. |
| 2011-06-15 | Senate | Sponsor introductory remarks on measure. (CR S3837) |
Same As/Similar To
HB2241 (Same As) 2011-06-17 - Referred to the Subcommittee on Coast Guard and Maritime Transportation.
Subjects
Marine and coastal resources, fisheries
Marine and inland water transportation
Tax administration and collection, taxpayers
Transportation and public works
Marine and inland water transportation
Tax administration and collection, taxpayers
Transportation and public works
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/1208/all-info |
| Text | https://www.congress.gov/112/bills/s1208/BILLS-112s1208is.pdf |
