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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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Additional Information
Fishing Equipment Tax Relief Act of 2021
Print number: S 1154
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2021-04-15