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Lower Tax on Bait Containers for Anglers

This act reduces the excise tax on portable, electronically-aerated bait containers. This change may affect the prices of these products, potentially making them more accessible to anglers.
Key points
Reduces the excise tax from 10% to 3% on portable, electronically-aerated bait containers.
The change applies to products sold by the manufacturer, producer, or importer after December 31, 2021.
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Expired
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Additional Information
Print number: 117_S_1154
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2021-04-15
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Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Fishing Equipment Tax Relief Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1154.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-04-15.

What are the main provisions?

Key points include:

  • Reduces the excise tax from 10% to 3% on portable, electronically-aerated bait containers.
  • The change applies to products sold by the manufacturer, producer, or importer after December 31, 2021.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Rubio, Marco [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes