S. 5228 · 117th Congress · Senate

A bill to treat activities related to fisheries in the Bering Sea and Aleutian Islands areas as related to an exempt purpose for purposes of the Internal Revenue Code of 1986.

Active· Read twice and referred to the Committee on Finance.
Introduced
Dec 8, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

This bill treats certain activities (e.g., harvesting, processing, transportation, sales, and marketing of fish and fish products) that are substantially related to participation or investment in fisheries in areas of the Bering Sea and Aleutian Islands as related to an exempt purpose and thus exempt from taxation.

Action Timeline

2
  1. DEC 08, 2022IntroReferral

    Introduced in Senate

  2. DEC 08, 2022IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Dec 8, 2022

Active