A bill to amend the Internal Revenue Code of 1954 to exclude certain service performed on fishing boats from coverage for purposes of unemployment compensation.

Summary

Amends the Internal Revenue Code to exempt from unemployment taxation commercial fishermen who, pursuant to an arrangement with the owner or operator of a fishing boat, receive a share of the boat's catch or proceeds from the sale thereof in lieu of cash remuneration. Specifies that the boat's crew must be comprised of fewer than ten individuals.

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

Timeline

1. 13 May 1981

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 13 May 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 13 May 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 18 May 1981

   Referred

   Referred to Subcommittee on Public Assistance and Unemployment Compensation.

   Source: Committee

5. 4 August 1981

   Committee

   See H.R.4242.

   Source: Committee

6. 28 October 1981

   Committee

   Subcommittee Hearings Held.

   Source: Committee

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 · 13 May 1981

  Open at official source

Sponsors

• Rep. Holt, Marjorie S. [R-MD-4] · R · Sponsor
• Rep. Young, Don [R-AK-At Large] · R · Sponsor
• · hswm00 · Standing

Related records

• related to ← Economic Recovery Tax Act of 1981
• related to ← A bill to amend the Internal Revenue Code of 1954 to exclude certain service performed on fishing boats from coverage for purposes of unemployment compensation.