HR 1920 · 95th Congress · Taxation
An Act to amend section 5064 of the Internal Revenue Code of 1954 to provide for refund of tax on distilled spirits, wines, rectified products, and beer lost or rendered unmarketable due to fire, flood, casualty, or other disaster, or to breakage, destruction, or other damage (excluding theft) resulting from vandalism or malicious mischief while held for sale.
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate✓
EnactedLatest: Public Law 95-423.(1978-10-06)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code to provide for the refund of excise taxes paid on alcoholic beverages where the beverages are destroyed prior to final sale through disaster, breakage or destruction resulting from vandalism or malicious mischief.…
Summarized by Claude AI · Non-partisan · For informational purposes only