S 2140 · 101th Congress · Taxation
A bill to amend provisions of law affecting the use of certain distilled spirits in foreign trade zones.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Finance. Ordered to be reported without amendment favorably.(1990-03-01)
Plain Language Summary
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Amends the Foreign Trade Zones Act to authorize the manufacture of any article from denatured distilled spirits which have been withdrawn free of tax from a distilled spirits plant (currently, domestic denatured distilled spirits) in a foreign trade zone. Authorizes the use of any such spirits in the manufacture of medicines, medicinal preparation, food products, flavors, or flavoring extracts, which are unfit for beverage purposes, in such zone. Declares such products to be eligible for a drawback (refund) of taxes.…
Summarized by Claude AI · Non-partisan · For informational purposes only