HR 2520 · 114th Congress · Taxation

Distillery Innovation and Excise Tax Reform Act

Introduced 2015-05-21· Sponsored by Rep. Young, Todd [R-IN-9]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2015-05-21)

Plain Language Summary

[AI summary unavailable — showing source text] 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