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- H.R.1786
H.R.1786: To amend the Internal Revenue Code of 1986 to repeal the limitation on the cover over of distilled spirits taxes to Puerto Rico and Virgin Islands and to transfer a portion of such cover over to the Puerto Rico Conservation Trust Fund.
About This Bill
- Introduced March 14, 2019
- Latest Major Action March 14, 2019
Bill Sponsor
Bill Cosponsors
59 (48 Democrats, 11 Republicans)
Bill Version
- Introduced in House - March 14, 2019
Bill Summary
This bill repeals the limitation on the amount of distilled spirits excise taxes covered over (paid) to the treasuries of the Virgin Islands and Puerto Rico. The bill also requires the Department of the Treasury to transfer a portion of the amount required to be covered over to Puerto Rico to the Puerto Rico Conservation Trust Fund.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
March 14, 2019 |
Referred to the House Committee on Ways and Means.
|
March 14, 2019 |
Introduced in the House by Jenniffer González-Colón (R-Puerto Rico) |