3.0.0 986 2019-02-20T23:06:39Z 2022-02-08T17:27:15Z Senate S S 2011-05-12 112 ssfi00 Finance Committee Senate Standing Referred to 2011-05-12T20:08:14Z 112 1883 HR 2011-05-12 Referred to the House Committee on Ways and Means. Identical bill CRS 2011-05-12 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2011-05-12 Introduced in Senate IntroReferral 10000 9 Library of Congress M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ N R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL 2011-09-07 False N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM 2011-10-11 False Taxation Alcoholic beverages Food industry and services Puerto Rico Sales and excise taxes Virgin Islands Taxation

00 2011-05-12 Introduced in Senate 2011-06-23T19:12:30Z Investing in U.S. Territories, Not Corporations Act of 2011 - Amends the Internal Revenue Code, with respect to shipments of rum to the United States from Puerto Rico and the Virgin Islands, to: (1) limit during a two-year period the amount of direct and indirect government assistance by the governments of Puerto Rico and the Virgin Islands to rum producers from rum excise taxes covered-over into the treasuries of such governments to 15% of the amounts covered-over, (2) impose limitations on the allocation of rum excise taxes between Puerto Rico and the Virgin Islands, and (3) deny any payment of rum excise taxes covered over into the treasuries of Puerto Rico and the Virgin Islands for rum redistilled into cane neutral spirits after being brought into the United States.

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Short Titles as Introduced Display Title Official Title as Introduced Introduced in Senate 2011-05-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s986is/xml/BILLS-112s986is.xml 2011-05-12 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.