A bill to amend the Internal Revenue Code of 1954 to treat the noncash remuneration paid to certain workers on fishing boats as self-employment income for purposes of the Federal Insurance Contributions Act.

Summary

Amends the Internal Revenue Code and the Social Security Act to exclude service performed by an individual on a vessel used in catching fish or other marine animal life wherein such individual receives as compensation a portion of such vessel's catch, from the definitions of "employment" and "self-employment" for the purposes of deductions, contributions, and benefits under such Acts.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 17 May 1976

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 17 May 1976

   Introduced

   Introduced in House

   Source: IntroReferral

3. 17 May 1976

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 17 May 1976

  Open at official source

Sponsors

• Rep. Sikes, Robert L. F. [D-FL-1] · D · Sponsor
• · hswm00 · Standing

Related records

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