A bill to amend the Internal Revenue Code of 1986 to modify the application of the tonnage tax on certain vessels.
Latest action · Jan 25, 2011 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S172)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 25, 2011
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Internal Revenue Code to modify the alternative tax on qualifying shipping activities to treat a corporation electing such tax as continuing to use a qualifying vessel in the U.S. foreign trade during any period of use in the U.S. domestic trade, thus eliminating the 30 day limitation on operating in U.S. domestic trade under current law.
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Jul 6, 2011 to Apr 25, 2012.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-WA | Maria Cantwell | Jul 6, 2011 | |
| D-AK | Mark Begich | Jul 12, 2011 | |
| D-WA | Patty Murray | Mar 29, 2012 | |
| D-OR | Jeff Merkley | Apr 25, 2012 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Jan 25, 2011 |
Actions 3
Everything that happened, newest first.
- Jan 25, 2011Introduced in Senate
- Jan 25, 2011Sponsor introductory remarks on measure. (CR S171-172)
- Jan 25, 2011Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S172)
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S171Text printed S172 | Daniel K. Inouye D-HI (text) | Jan 25, 2011 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1267 | To amend the Internal Revenue Code of 1986 to modify the application of the tonnage tax on certain vessels. | Identical bill | Mar 30, 2011 |
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to modify the application of the tonnage tax on certain vessels.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jan 25, 2011Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
