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Latest Action
Oct 3, 2025
Read twice and referred to the Committee on Finance.
Actions (2)
Read twice and referred to the Committee on Finance.
Type: IntroReferral
| Source: Senate
Oct 3, 2025
Introduced in Senate
Type: IntroReferral
| Source: Library of Congress
| Code: 10000
Oct 3, 2025
Cosponsors (1)
(R-FL)
Oct 3, 2025
Oct 3, 2025
Full Bill Text
Length: 1,735 characters
Version: Introduced in Senate
Version Date: Oct 3, 2025
Last Updated: Nov 15, 2025 6:07 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 2972 Introduced in Senate
(IS) ]
<DOC>
119th CONGRESS
1st Session
S. 2972
To amend the Internal Revenue Code of 1986 to provide a reduced excise
tax rate for portable, electronically-aerated bait containers.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
October 3, 2025
Mr. Scott of Florida (for himself and Mrs. Moody) introduced the
following bill; which was read twice and referred to the Committee on
Finance
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to provide a reduced excise
tax rate for portable, electronically-aerated bait containers.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[S. 2972 Introduced in Senate
(IS) ]
<DOC>
119th CONGRESS
1st Session
S. 2972
To amend the Internal Revenue Code of 1986 to provide a reduced excise
tax rate for portable, electronically-aerated bait containers.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
October 3, 2025
Mr. Scott of Florida (for himself and Mrs. Moody) introduced the
following bill; which was read twice and referred to the Committee on
Finance
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to provide a reduced excise
tax rate for portable, electronically-aerated bait containers.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
This Act may be cited as the ``Fishing Equipment Tax Relief Act of
2025''.
SEC. 2.
CONTAINERS.
(a) In General.--
(a) In General.--
Section 4161
(a) of the Internal Revenue Code of
1986 is amended by redesignating paragraph
(4) as paragraph
(5) and by
inserting after paragraph
(3) the following new paragraph:
``
(4) 3 percent rate for portable, electronically-aerated
bait containers.
(a) of the Internal Revenue Code of
1986 is amended by redesignating paragraph
(4) as paragraph
(5) and by
inserting after paragraph
(3) the following new paragraph:
``
(4) 3 percent rate for portable, electronically-aerated
bait containers.--In the case of portable, electronically-
aerated bait containers, paragraph
(1) shall be applied by
substituting `3 percent' for `10 percent'.''.
(b) Effective Date.--The amendments made by this section shall
apply to articles sold by the manufacturer, producer, or importer after
December 31, 2025.
<all>