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- S.1179
S.1179: AGED Spirits Act
About This Bill
- Introduced May 4, 2015
- Latest Major Action May 4, 2015
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Advancing Growth in the Economy through Distilled Spirits Act or the AGED Spirits 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)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| May 4, 2015 |
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2600-2601; text of measure as introduced: CR S2601)
|
| May 4, 2015 |
Introduced in the Senate by Mitch McConnell (R-Ky.) |