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United States · Bill · HR

H.R. 2360 (108th)

Capital Construction Fund Qualified Withdrawal Act of 2003

referredUnited States· United States Congress· EN

Introduced

5 June 2003

Last action

5 June 2003 · Introduced

Status

Referred to the Committee on Ways and Means, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Rep. Capps, Lois [D-CA-24], Rep. Thompson, Mike [D-CA-4], Rep. Blumenauer, Earl [D-OR-3], Rep. Wu, David [D-OR-1], Rep. Farr, Sam [D-CA-20], Rep. Miller, George [D-CA-11], Rep. DeFazio, Peter A. [D-OR-4], Rep. Frank, Barney [D-MA-4], Rep. Frost, Martin [D-TX-24], Rep. Cunningham, Randy (Duke) [R-CA-50], Rep. Hooley, Darlene [D-OR-5]

Subjects

Taxation

Source updated

18 August 2025

Taxation

Official sourceDownload fileView documentsShare

Summary

Capital Construction Fund Qualified Withdrawal Act of 2003 - Amends the Merchant Marine Act and the Internal Revenue Code to permit as qualified withdrawals from fishing capital construction funds money used by retiring fishermen for the following purposes: (1) paying the net proceeds to a person retiring related commercial fishing vessels and permits; (2) making a rollover contribution into an owner's individual retirement plan; (3) making a payment of an industry fee authorized by the fishing capacity reduction program; and (4) acquiring a vessel monitoring system or the aquisition or construction of fishing gear designed to minimize or avoid bycatch.

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

Timeline

  1. 5 June 2003

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 5 June 2003

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  3. 5 June 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 5 June 2003

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 5 June 2003

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 5 June 2003

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 5 June 2003

    Open at official source

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Sponsors

Related records

Sources

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