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- H.R.5163
H.R.5163: Territorial Economic Growth and Recovery Act of 2016
About This Bill
- Introduced April 29, 2016
- Latest Major Action April 29, 2016
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Territorial Economic Growth and Recovery Act of 2016 This bill amends the Internal Revenue Code to repeal the limitation on the amount of distilled spirits excise taxes covered over (paid into) to the treasuries of the Virgin Islands and Puerto Rico. If Puerto Rico or the Northern Mariana Islands has a tax system that mirrors federal tax law (mirror code tax system), the Department of the Treasury must pay each possession amounts equal to...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 29, 2016 |
Referred to the House Committee on Ways and Means.
|
| April 29, 2016 |
Introduced in the House by Stacey Plaskett (D-Virgin Islands) |