United States · Bill · HR
H.R. 5490 (111th)
To amend the Internal Revenue Code of 1986 to allow a credit against excise taxes with respect to distilled spirits and wine for certain distilled spirits or wine produced from domestic agricultural waste or byproducts.
Introduced
9 June 2010
Last action
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Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
2 January 2025
Summary
Amends the Internal Revenue Code to allow an excise tax credit for: (1) 10% of the distilled spirits tax rate multiplied by the number of proof gallons of rum produced in the United States (as defined in section 2208.40.00 of the Harmonized Tariff Schedule of the United States) using domestic agricultural waste or byproducts as the principal distilling source; and (2) the number of gallons of distilled spirits or wines which are produced in the United States using domestic citrus waste or byproducts as the principal distilling or fermenting source, multiplied by 10% of the excise tax on wines.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 9 June 2010
Introduced in House (PDF)
Introduced in House · EN · 9 June 2010
Introduced in House
summary · EN · 9 June 2010
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/111th-congress/house-bill/5490
- Open data entity: https://api.congress.gov/v3/bill/111/hr/5490