H.R. 4374 (112th): To amend the Internal Revenue Code of 1986 to extend the increased limitation on the cover over ...

...of the tax on distilled spirits to Puerto Rico and the Virgin Islands.

112th Congress, 2011–2013. Text as of Apr 17, 2012 (Introduced).

Status & Summary | PDF | Source: GPO

I

112th CONGRESS

2d Session

H. R. 4374

IN THE HOUSE OF REPRESENTATIVES

April 17, 2012

(for herself and Mr. Pierluisi) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

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

1.

Extension of increased limitation on cover over of tax on distilled spirits to Puerto Rico and the Virgin Islands

(a)

In general

Paragraph (1) of section 7652(f) of the Internal Revenue Code of 1986 is amended by striking January 1, 2012 and inserting January 1, 2014.

(b)

Effective date

The amendments made by this section shall apply to distilled spirits brought into the United States after December 31, 2011.