S. 1444
Referred to CommitteeDistillery Excise Tax Reform Act of 2015
Latest Action
Read twice and referred to the Committee on Finance.
5/21/2015 • Senate
Summary
Distillery Excise Tax Reform Act of 2015
Amends the Internal Revenue Code to reduce to $2.70 per proof gallon the excise tax rate on the first 100,000 proof gallons of distilled spirits that are removed in the calendar year and that have been distilled, processed, or bottled by a distilled spirits operation at a qualified facility in the United States. Makes this rate reduction applicable to a specified controlled group of corporations that is a distilled spirits operation.
Introduced in Senate • 5/21/2015
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Sponsor & Cosponsors (5)
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Sponsor
Cosponsors (4)
Bill Journey
Originated in the Senate
Introduced
May 21, 2015
Read twice and referred to the Committee on Finance.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law