S 3101
116th Congress
Senate
Taxation
Alcoholic beverages
Caribbean area
Intergovernmental relations
Puerto Rico
Sales and excise taxes
State and local finance
U.S. territories and protectorates
Virgin Islands
Wilderness and natural areas, wildlife refuges, wild rivers, habitats
Wildlife conservation and habitat protection
A bill to amend the Internal Revenue Code of 1986 to repeal the limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands and to transfer a portion of such cover over to the Puerto Rico Conservation Trust Fund.
Introduced: December 18, 2019
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 18, 2019
Read twice and referred to the Committee on Finance.
Dec 18, 2019
Introduced in Senate
Plain-English summary
This bill repeals the limitation on the amount of distilled spirits excise taxes covered over (paid) to the treasuries of the Virgin Islands and Puerto Rico. The bill also requires the Department of the Treasury to transfer a portion of the amount required to be covered over to Puerto Rico to the Puerto Rico Conservation Trust Fund.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1