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- S.1457
S.1457: Aged Distilled Spirits Competitiveness Act
About This Bill
- Introduced Aug. 1, 2013
- Latest Major Action Aug. 1, 2013
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Aged Distilled Spirits Competitiveness Act - Amends the Internal Revenue Code to exclude the aging period from the production period for distilled spirits for purposes of determining whether a taxpayer can expense, rather than capitalize, interest costs paid or incurred during the production period.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Aug. 1, 2013 |
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6229)
|
| Aug. 1, 2013 |
Introduced in the Senate by Mitch McConnell (R-Ky.) |