H.R.1138: To amend the Internal Revenue Code of 1986 to reduce the harbor maintenance tax if the Harbor Maintenance Trust Fund is overfunded.

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about taxation
  • Introduced March 6, 1995
  • Latest Major Action July 12, 1995

Bill Summary

Amends the Internal Revenue Code to reduce the harbor maintenance rate of tax for 1996 through 1998. Provides further reductions after 1998, but only if the balance in the Harbor Maintenance Trust Fund exceeds $100 million.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
Committee Hearings Held.
Committee Hearings Held.
March 6, 1995

Introduced in the House by Jim McDermott (D-Wash.)

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