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United States · Bill · S

S. 1457 (113th)

Aged Distilled Spirits Competitiveness Act

referredUnited States· United States Congress· EN

Introduced

1 August 2013

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6229)

Sponsors

Subjects

Discovery layer

Source updated

12 August 2025

Summary

Aged Distilled Spirits Competitiveness 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.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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