HR 2520
114th Congress
House
Taxation
Alcoholic beverages
Sales and excise taxes
Distillery Innovation and Excise Tax Reform Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 21, 2015
Referred to the House Committee on Ways and Means.
May 21, 2015
Introduced in House
Plain-English summary
Distillery Innovation and Excise Tax Reform Act of 2015
Amends the Internal Revenue Code to reduce the excise tax rate on distilled spirits produced in or imported into the United States from $13.50 to $9.00 per proof gallon and to $2.70 on the first 100,000 proof gallons. Makes the $2.70 per proof gallon rate applicable to a specified controlled group of corporations that is a distilled spirits operation.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1