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United States · Bill · S

S. 429 (115th)

AGED Spirits Act

referredUnited States· United States Congress· EN

Introduced

16 February 2017

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1307)

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

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.

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Documents

3 official files

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Sources

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