I
119th CONGRESS
1st Session
H. R. 1378
IN THE HOUSE OF REPRESENTATIVES
February 14, 2025
Mr. Estes (for himself and Ms. Plaskett) 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 temporary increase in limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands.
Section 1. Extension of temporary increase on cover over of distilled spirits taxes to Puerto Rico and Virgin Islands
(a) In general
Section 7652(f)(1) of the Internal Revenue Code of 1986 is amended by striking January 1, 2022
and inserting January 1, 2032
.
(b) Effective date
The amendments made by this subsection shall apply to distilled spirits brought into the United States after December 31, 2021.