HR 2312
113th Congress
House
Taxation
Business investment and capital
Food industry and services
Income tax deductions
Aged Distilled Spirits Competitiveness Act
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 14, 2013
Sponsor introductory remarks on measure. (CR H3638-3639)
Jun 11, 2013
Referred to the House Committee on Ways and Means.
Jun 11, 2013
Introduced in House
Plain-English summary
Aged Distilled Spirits Competitiveness Act - Amends the Internal Revenue Code to exclude from determination of the production period for distilled spirits any period allocated to the natural aging process for purposes of determining whether a taxpayer can expense, rather than capitalize, interest costs paid or incurred during the production period.
What's happening now
Sponsor introductory remarks on measure. (CR H3638-3639)
Committees of jurisdiction
1