S. 1938
Introduced in Senate · June 9, 2025June 4, 2025
Mr. Cassidy (for himself, Mrs. Gillibrand, Mr. Wicker, and Mr. Luján) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to modify the cover over of certain distilled spirits taxes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Cover over of certain distilled spirits taxes.
- (a) Repeal of limitation on cover over of distilled spirits taxes to Puerto Rico and Virgin Islands.—
- (1) IN GENERAL.—Section 7652 of the Internal Revenue Code of 1986 is amended by striking .