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United States · Bill · S

S. 1962 (107th)

Capital Construction Fund Qualified Withdrawal Act of 2002

referredUnited States· United States Congress· EN

Introduced

15 February 2002

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S908)

Sponsors

Subjects

Discovery layer

Source updated

19 August 2025

Summary

Capital Construction Fund Qualified Withdrawal Act of 2002 - 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) retiring an owner's commercial fishing vessels and related commercial fishing permits; (2) making a rollover contribution into an owner's individual retirement plan; and (3) making a payment of an industry fee authorized by the fishing capacity reduction program.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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