S 1444
114th Congress
Senate
Taxation
Alcoholic beverages
Sales and excise taxes
Distillery Excise Tax Reform Act of 2015
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 21, 2015
Read twice and referred to the Committee on Finance.
May 21, 2015
Introduced in Senate
Plain-English summary
Distillery Excise Tax Reform Act of 2015
Amends the Internal Revenue Code to reduce to $2.70 per proof gallon the excise tax rate on the first 100,000 proof gallons of distilled spirits that are removed in the calendar year and that have been distilled, processed, or bottled by a distilled spirits operation at a qualified facility in the United States. Makes this rate reduction applicable to a specified controlled group of corporations that is a distilled spirits operation.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1