H.R.4284: Advancing Growth in the Economy through Distilled Spirits Act

About This Bill

  • Introduced Sept. 11, 2019
  • Latest Major Action Sept. 11, 2019

Bill Sponsor

Bill Version

Bill Summary

Advancing Growth in the Economy through Distilled Spirits Act or the AGED Spirits Act This bill amends the Internal Revenue Code to exclude, after 2019, 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. This allows producers of distilled spirits to deduct interest expense associated...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.4284.

Bill Actions

Date Description
Sept. 11, 2019
Referred to the House Committee on Ways and Means.
Sept. 11, 2019

Introduced in the House by John Yarmuth (D-Ky.)

Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print Google News logo Google_NewsInitiative_Lockup_FullColor RSS Search Search Twitter WhatsApp Resolving differences Check Building Arrow right Info circle Oops OOPS Pencil File text Bars Search Close Cogs Filter Compare Revolving Door Info card Activity Member menu Globe Document External link Quote News Calendar No Vote
Current site Current page