HR 5655 · 118th Congress · Taxation

Bryson Fitch Fishermen Protection Act

Introduced 2023-09-21· Sponsored by Rep. Perez, Marie Gluesenkamp [D-WA-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2023-09-21)

Plain Language Summary

[AI summary unavailable — showing source text] Bryson Fitch Fishermen Protection Act This bill allows a business-related tax credit for up to 50% of costs incurred for the purchase of personal locator beacons (PLBs) on a commercial vessel that has such beacons for every individual aboard the vessel. It also allows an income tax credit for individual taxpayers who purchase a PLB for use on a commercial vessel that does not have PLBs for every individual on board. The credits expire in taxable years beginning after 2028.…

Summarized by Claude AI · Non-partisan · For informational purposes only