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 its sale in lieu of cash remuneration. Specifies that the boat's crew must be comprised of fewer than ten individuals.

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Timeline

1. 24 March 1981

   Committee

   Subcommittee on Taxation and Debt Management took the following actions.

   Source: Committee

2. 24 March 1981

   Introduced

   Read second time and referred to Senate Committee on Finance.

   Source: IntroReferral

3. 24 March 1981

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 26 March 1981

   Committee

   Committee on Finance requested executive comment from OMB; Treasury Department; Health and Human Services Department; Labor Department.

   Source: Committee

5. 26 June 1981

   Committee

   Subcommittee on Taxation and Debt Management. 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 Senate

  summary · EN · 24 March 1981

  Open at official source

Sponsors

• Sen. Mitchell, George J. [D-ME] · D · Sponsor
• Sen. Mathias, Charles McC., Jr. [R-MD] · R · Sponsor
• Sen. Heflin, Howell [D-AL] · D · Sponsor
• Sen. Cohen, William S. [R-ME] · R · Cosponsor
• · ssfi00 · Standing

Related records

• 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.