S. 429 · 115th Congress
AGED Spirits Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
McConnellSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Advancing Growth in the Economy through Distilled Spirits Act or the AGED Spirits Act
What it does: CRS summary · Introduced in Senate · Feb 16, 2017
Advancing Growth in the Economy through Distilled Spirits Act or the AGED Spirits Act
This bill amends the Internal Revenue Code to exclude the aging period from the production period for distilled spirits that are fit to be used as a beverage, for purposes of determining whether a taxpayer can expense, rather than capitalize, interest costs paid or incurred during the production period.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: AGED Spirits Act
Also known as: Advancing Growth in the Economy through Distilled Spirits Act
Latest action (Feb 16, 2017): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1307)
Policy area: Taxation · Origin: Senate · Introduced: Feb 16, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.