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S. 3234, The Fisheries Fuel Tax Relief Act of 2008
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Comparing original version (created by webmaster) with revision saved on August 13, 2008, 20:15:40 (webmaster):
S. 3234 would amend the Internal Revenue Code of 1986 to provide a temporary income tax credit for commercial fisherman to offset high fuel costs.
== Detailed Summary ==
<summary>
(Log in to editFisheries Fuel Tax Relief Act of 2008 - Amends the wiki and be the firstInternal Revenue Code to provideallow commercial fishermen a detailed summary of the bill!)tax credit for excessive fuel costs (the excess amount paid for such fuel over an adjusted base price).
</summary>
<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->
== Status of the Legislation ==
<status>
(Log inLatest Major Action: 7/9/2008: Referred to edit the wikiSenate committee. Status: Read twice and be the firstreferred to update the status of the bill!)Committee on Finance.
</status>
<!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. -->
== Points in Favor ==
(Log in to edit the wiki and be the first to show why the bill should pass!)
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== Points Against ==
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From the Blog
How ‘Bout Subsidies for Commercial Fishing?
Last night, the NewsHour with Jim Lehrer had an interesting piece on the plight of commercial fishing industry under higher fuel costs. What’s to be done with the economic dislocations underway in the industry? Fisherman Lewis Hill has an idea: ...