Bill113th CongressFiled Aug 1, 2013Taxation
S. 1457
Aged Distilled Spirits Competitiveness Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Aug 1, 2013)
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.
What just happenedAug 1, 2013
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6229)
Who’s behind it
Sen. McConnell, Mitch [R-KY](R-KY)Sponsor
2 cosponsors1 D1 R
2cosponsors1committees2actions1related bills4subjects
- Introduced in SenateAug 1, 2013
- Aug 1, 2013IntroReferral
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6229)
- Aug 1, 2013IntroReferral10000
Introduced in Senate