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Lower Tax on Bait Containers: Relief for Anglers

This act reduces the excise tax on portable, electronically-aerated bait containers. This means that from January 1, 2022, manufacturers, importers, and sellers of these products will pay a lower tax, which may result in lower prices for consumers, i.e., anglers.
Key points
The excise tax on portable, electronically-aerated bait containers will be reduced from 10% to 3%.
The changes apply to products sold after December 31, 2021.
Potentially lower prices for anglers purchasing these containers.
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Additional Information
Print number: 117_HR_3758
Sponsor: Rep. Crist, Charlie [D-FL-13]
Process start date: 2021-06-08