HR 2238
114th Congress
House
Taxation
Alcoholic beverages
Sales and excise taxes
Tax administration and collection, taxpayers
Craft Beverage Bond Simplification Act of 2015
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 5, 2015
Referred to the House Committee on Ways and Means.
May 5, 2015
Introduced in House
Plain-English summary
Craft Beverage Bond Simplification Act of 2015
This bill allows taxpayers who are liable for not more than $50,000 per year in excise taxes on distilled spirits, wine, or beer to file and pay such taxes quarterly without the requirement to post a bond covering the operations and withdrawals of such distilled spirits, wines, or beer. The bill also allows such a taxpayer who reasonably expects to have a tax liability of not more than $1,000 per year and who was liable for not more than $1,000 in taxes in the preceding calendar year to file and pay such taxes annually rather than quarterly.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1