US SB1444 | 2015-2016 | 114th Congress

Status

Sponsorship: Bipartisan Bill
Status: Introduced on May 21 2015 - 25% progression, died in committee
Action: 2015-05-21 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

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.

Tracking Information

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Title

Distillery Excise Tax Reform Act of 2015

Sponsors


History

DateChamberAction
2015-05-21SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB1172 (Related) 2015-02-27 - Referred to the House Committee on Ways and Means.
HB2520 (Related) 2015-05-21 - Referred to the House Committee on Ways and Means.
SB1562 (Related) 2015-06-11 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


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