Bill
Bill > HR2021
US HR2021
US HR2021To 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.
summary
Introduced
04/06/2017
04/06/2017
In Committee
04/06/2017
04/06/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
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. This bill amends the Internal Revenue Code to repeal the limitation on the amount of distilled spirits excise taxes covered over (paid) to the treasuries of the Virgin Islands and Puerto Rico.
AI Summary
This bill amends the Internal Revenue Code to repeal the limitation on the amount of distilled spirits excise taxes that can be covered over (paid) to the treasuries of the Virgin Islands and Puerto Rico. Prior to this change, there was a cap on the amount of these taxes that could be transferred to the territories, but this bill removes that cap, allowing for the full amount of the taxes to be paid to the Virgin Islands and Puerto Rico.
Committee Categories
Budget and Finance
Sponsors (8)
Jenniffer González (R)*,
Jim Banks (R),
Carlos Curbelo (R),
Sean Duffy (R),
Thomas MacArthur (R),
Stacey Plaskett (D),
Nydia Velázquez (D),
Don Young (R),
Last Action
Referred to the House Committee on Ways and Means. (on 04/06/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/house-bill/2021/all-info |
| BillText | https://www.congress.gov/115/bills/hr2021/BILLS-115hr2021ih.pdf |
| Bill | https://www.congress.gov/115/bills/hr2021/BILLS-115hr2021ih.pdf.pdf |
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