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H.R. 2520

BillFederalHouseIn Committee
Distillery Innovation and Excise Tax Reform Act
About This Bill
Committee
Latest Action · May 21, 2015
Referred to the House Committee on Ways and Means.
Congress
114th (2015–2017)
Introduced
May 21, 2015
Cosponsors (15)
4D 11R
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Summary

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Distillery Innovation and Excise Tax Reform Act of 2015 Amends the Internal Revenue Code to reduce the excise tax rate on distilled spirits produced in or imported into the United States from $13.50 to $9.00 per proof gallon and to $2.70 on the first 100,000 proof gallons. Makes the $2.70 per proof gallon rate applicable to a specified controlled group of corporations that is a distilled spirits operation.

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