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- H.R.867
H.R.867: Aged Distilled Spirits Competitiveness Act
About This Bill
- Introduced Feb. 11, 2015
- Latest Major Action Feb. 11, 2015
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (2 Democrats, 6 Republicans)
Bill Summary
Aged Distilled Spirits Competitiveness Act Amends the Internal Revenue Code to exclude from determination of the production period for distilled spirits any period allocated to the natural aging process 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)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Feb. 11, 2015 |
Referred to the House Committee on Ways and Means.
|
| Feb. 11, 2015 |
Introduced in the House by Andy Barr (R-Ky.) |