S.551: Capital Construction Fund Penalty Relief Act

About This Bill

Bill Sponsor

Bill Summary

Capital Construction Fund Penalty Relief Act - Permits any person who entered into a capital construction fund agreement (an agreement to provide replacement vessels, additional vessels, or reconstructed vessels) with respect to certain vessels operated in the fisheries of the United States to make an election to terminate the capital construction fund established under such agreement. Amends the Internal Revenue Code to prescribe requirements...

(Source: Library of Congress)

Bill Actions

Date Description
March 13, 2013
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1788-1789)
March 13, 2013

Introduced in the Senate by Ron Wyden (D-Ore.)

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