US SB3101 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on December 18 2019 - 25% progression, died in committee
Action: 2019-12-18 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 18 2019 - 25% progression, died in committee
Action: 2019-12-18 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
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.
Sponsors
| Sen. Robert Menendez [D-NJ] | Sen. Mike Crapo [R-ID] | Sen. Catherine Cortez Masto [D-NV] | Sen. Tim Kaine [D-VA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-12-18 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB409 (Related) 2019-01-09 - Referred to the House Committee on Ways and Means.
HB1786 (Same As) 2019-03-14 - Referred to the House Committee on Ways and Means.
HB5687 (Related) 2020-02-11 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 416.
HB1786 (Same As) 2019-03-14 - Referred to the House Committee on Ways and Means.
HB5687 (Related) 2020-02-11 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 416.
Subjects
Alcoholic beverages
Caribbean area
Intergovernmental relations
Puerto Rico
Sales and excise taxes
State and local finance
Taxation
U.S. territories and protectorates
Virgin Islands
Wilderness and natural areas, wildlife refuges, wild rivers, habitats
Wildlife conservation and habitat protection
Caribbean area
Intergovernmental relations
Puerto Rico
Sales and excise taxes
State and local finance
Taxation
U.S. territories and protectorates
Virgin Islands
Wilderness and natural areas, wildlife refuges, wild rivers, habitats
Wildlife conservation and habitat protection
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/3101/all-info |
| Text | https://www.congress.gov/116/bills/s3101/BILLS-116s3101is.pdf |
