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119-s-2972119th CongressWALLET
Fishing Equipment Tax Relief Act of 2025
Sponsored By: Senator Scott, Rick [R-FL]
Introduced
Summary
Reduces the federal excise tax on portable, electronically-aerated bait containers from 10% to 3%. This change would apply to articles sold by the manufacturer, producer, or importer after December 31, 2025, by amending the Internal Revenue Code to set a 3 percent rate for those containers.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Lower excise tax on bait containers
If enacted, the bill would cut the federal excise tax on portable, electronically-aerated bait containers from 10% to 3%. The 3% rate would apply to containers sold by the manufacturer, producer, or importer after December 31, 2025. Manufacturers and importers would pay less tax per unit. Retailers and buyers could see modestly lower prices for these bait containers.
Sponsors & CoSponsors
Sponsor
Scott, Rick [R-FL]
FL • R
Cosponsors
Sen. Moody, Ashley [R-FL]
FL • R
Sponsored 10/3/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov