HR. 1378In Committee
To amend the Internal Revenue Code of 1986 to extend the temporary increase in limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands.
Extends the temporary higher limit on covered-over distilled spirits tax revenues for Puerto Rico and the Virgin Islands under the Internal Revenue Code
Plain-English overview
What this bill does
Extends the temporary higher limit on covered-over distilled spirits tax revenues for Puerto Rico and the Virgin Islands under the Internal Revenue Code
Key points
- Extend distilled spirits tax cover over limit
Current status
Where it stands
Status
In Committee
Latest action
2025-02-14 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation