AGED Spirits Act

Summary

Advancing Growth in the Economy through Distilled Spirits Act or the AGED Spirits Act Amends the Internal Revenue Code to exclude the aging period from the production period for distilled spirits for purposes of determining whether a taxpayer can expense, rather than capitalize, interest costs paid or incurred during the production period.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 4 May 2015

   Introduced

   Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2600-2601; text of measure as introduced: CR S2601)

   Source: IntroReferral

2. 4 May 2015

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 4 May 2015 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 4 May 2015

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 4 May 2015

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 4 May 2015

  Open at official source

Sponsors

• Mitch McConnell · R · Sponsor
• Rand Paul · R · Sponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.