Skip to main content
HR 1987 107th Congress House

Domestic Spirits Tax Equity Act of 2001

Official title: To amend the Internal Revenue Code of 1986 to allow distilled spirits wholesalers a credit against income tax for their cost of carrying Federal excise taxes p… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to allow distilled spirits wholesalers a credit against income tax for their cost of carrying Federal excise taxes prior to the sale of the product bearing the tax.

Introduced: May 21, 2002 See on congress.gov
Taxation Agriculture and FoodAlcohol taxAlcoholic beverage industryBusiness income tax
More subjectsShow fewer subjects
CommerceIncome taxTax creditsWholesale trade
Sign in to write a letter Sign in to watch
This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 24, 2001
Referred to the House Committee on Ways and Means.
May 24, 2001
Sponsor introductory remarks on measure. (CR E934)
May 24, 2001
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action May 24, 2001

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
Domestic Spirits Tax Equity Act of 2001 - Amends the Internal Revenue Code to allow a distilled spirits wholesaler a distilled spirits wholesalers credit equal to the product of: (1) the number of cases of bottled distilled spirits which were bottled in the United States and which are purchased by such wholesaler during the taxable year directly from the distiller or importer of such spirits; and (2) the average tax-financing cost per case for the most recent calendar year ending before the beginning of such taxable year.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 18
All 18 Democratic 6 Republican 3
JOHN, CHRISTOPHER
· Sep 19, 2002
 D
DeLauro, Rosa L.
Connecticut · Jun 4, 2002
 D
Larson, John B.
Connecticut · May 21, 2002
FROST, MARTIN
· Apr 11, 2002
 D
Bishop, Sanford D.
Georgia · Mar 14, 2002
 R
Calvert, Ken
California · Mar 13, 2002
FLETCHER, ERNEST
· Jan 24, 2002
CRANE, PHILIP
· Oct 2, 2001
 D
McCollum, Betty
Minnesota · Oct 2, 2001
 R
Sessions, Pete
Texas · Jul 26, 2001
 D
Clyburn, James E.
South Carolina · Jul 19, 2001
HOUGHTON, AMO
· Jul 19, 2001
Isakson, Johnny
· Jul 19, 2001
LUCAS, KEN
· Jul 19, 2001
 R
Moran, Jerry
Kansas · Jul 19, 2001
NETHERCUTT, GEORGE
· Jul 19, 2001
DUNN, JENNIFER
· May 24, 2001
 D
Neal, Richard E.
Massachusetts · May 24, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1987: Domestic Spirits Tax Equity Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1987/
MLA
"H.R. 1987: Domestic Spirits Tax Equity Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1987/.
Bluebook (legal)
H.R. 1987, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1987/.
Markdown link
[H.R. 1987: Domestic Spirits Tax Equity Act of 2001](https://openamerica.io/bill/107-HR-1987/)
Report a problem