To amend the Internal Revenue Code of 1986 to repeal the limitation on the cover over of distilled spirits taxes to the Virgin Islands and Puerto Rico.

Fact Sheet API

Bill Number

HR 1425

Introduced

Feb 26, 2021

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Alcoholic beverages Caribbean area Intergovernmental relations Puerto Rico Sales and excise taxes State and local finance Taxation U.S. territories and protectorates Virgin Islands

Full Text

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Votes

Summary

This bill repeals the limitation on the amount of distilled spirits excise taxes covered over (paid) to the treasuries of the Virgin Islands and Puerto Rico.

Actions

Feb 26, 2021

Referred to the House Committee on Ways and Means.
Feb 26, 2021

Introduced in House

Amendments

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