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S. 1457

BillFederalSenateIn Committee
Aged Distilled Spirits Competitiveness Act
About This Bill
Committee
Latest Action · August 1, 2013
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6229)
Congress
113th (2013–2015)
Introduced
August 1, 2013
Cosponsors (2)
1D 1R
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Summary

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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.

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