HR 2520 · 114th Congress · Taxation
Distillery Innovation and Excise Tax Reform Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2015-05-21)
Plain Language Summary
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Distillery Innovation and Excise Tax Reform Act of 2015 Amends the Internal Revenue Code to reduce the excise tax rate on distilled spirits produced in or imported into the United States from $13.50 to $9.00 per proof gallon and to $2.70 on the first 100,000 proof gallons. Makes the $2.70 per proof gallon rate applicable to a specified controlled group of corporations that is a distilled spirits operation.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (15)
4 Democrats11 Republicans