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A bill to amend the Internal Revenue Code of 1986 to provide a temporary income tax credit for commercial fisherman to offset high fuel costs.

Sponsor: Lisa Murkowski (R) AK

Status: Active

5 votes

56% No

4 votes

1 COMMENTS

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Summary:

7/9/2008--Introduced.Fisheries Fuel Tax Relief Act of 2008 - Amends the Internal Revenue Code to allow commercial fishermen a tax credit for excessive fuel costs (the excess amount paid for such fuel over an adjusted base price).

Text of Legislation:
Text of Legislation not available.

Subject Name:

Taxation

Diesel motor

Energy

Energy prices

Fishing boats

Gasoline

Income tax

Marine resources

Tax credits

Transportation

All Actions:

Actions Date

Action Text

7/9/2008

Sponsor introductory remarks on measure. (CR S6505-6506)

7/9/2008

Read twice and referred to the Committee on Finance.

Titles:

Fisheries Fuel Tax Relief Act of 2008

A bill to amend the Internal Revenue Code of 1986 to provide a temporary income tax credit for commercial fisherman to offset high fuel costs.

Committee:

'Senate Finance'

Referral, In Committee

Related Bill Details:

Related bills not available.

Amendments

Amendments not available.

Sponsor

Lisa Murkowski (R) AK

Co-sponsors

Ted Stevens (R) AK

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