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S. 1457

Aged Distilled Spirits Competitiveness Act

Aged Distilled Spirits Competitiveness Act - Amends the Internal Revenue Code to exclude the aging period from the production period for distilled spirits for purposes of determining whether a taxpayer can expense, rather than capitalize, interest costs paid or incurred during the production period.

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6229)

Sen. McConnell, Mitch [R-KY](R-KY)Sponsor
2 cosponsors1 D1 R
2cosponsors1committees2actions1related bills4subjects
  • Introduced in SenateAug 1, 2013
  1. IntroReferral

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6229)

  2. IntroReferral10000

    Introduced in Senate

Aged Distilled Spirits Competitiveness Act — Informed