Bill117th CongressFiled Dec 14, 2021Taxation
S. 3383
A bill to amend the Internal Revenue Code of 1986 to modify the cover over of certain distilled spirits taxes.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Dec 14, 2021)
This bill repeals the limitation on the cover over (i.e., payment) of taxes on certain distilled spirits into the treasuries of Puerto Rico and the U.S. Virgin Islands. It also requires that certain amounts collected on rum transported to the United States that are covered over be transferred to the Puerto Rico Conservation Trust Fund.
What just happenedDec 14, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Menendez, Robert [D-NJ](D-NJ)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions8subjects
- Introduced in SenateDec 14, 2021
- Dec 14, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Dec 14, 2021IntroReferral10000
Introduced in Senate