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- H.R.1126
H.R.1126: Aged Distilled Spirits Competitiveness Act
About This Bill
- Introduced Feb. 16, 2017
- Latest Major Action Feb. 16, 2017
Bill Sponsor
Bill Cosponsors
5 (1 Democrat, 4 Republicans)
Bill Version
- Introduced in House - Feb. 16, 2017
Bill Summary
Aged Distilled Spirits Competitiveness Act This bill amends the Internal Revenue Code to exclude the aging period from the production period for distilled spirits that are fit to be used as a beverage, 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 |
|---|---|
| Feb. 16, 2017 |
Referred to the House Committee on Ways and Means.
|
| Feb. 16, 2017 |
Introduced in the House by Andy Barr (R-Ky.) |