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Capital Construction Fund

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Capital Construction Fund
An investment vehicle fishermen may use to defer taxation on income invested in it, provided it is used later to build, purchase or repair fishing vessels. The CCF is co-managed by the IRS and the National Marine Fisheries Service.


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The bond sale transaction caps one of the City's most significant victories in the last legislative session in Albany, securing state capital construction funds for New York City's schoolchildren.
The college formally committed to it in 1995 and in 2002 set aside $250,000 from its capital construction fund for a longhouse.
Bill Owens' proposal to allocate 15 percent of the state's sales-tax proceeds to the Highway Users Trust Fund, as well as transfer $100 million from the Capital Construction Fund to the trust fund.
 
 
 
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