To amend the Internal Revenue Code of 1986 to repeal the limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands, and for other purposes.

3.0.0 4642 2022-12-31T05:05:31Z 2022-12-31T05:05:31Z House HR 2021-07-22 117 [Congressional Record Volume 167, Number 129 (Thursday, July 22, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Miss GONZALEZ-COLON:H.R. 4642.Congress has the power to enact this legislation pursuantto the following:The Congress has the power to enact this legislationpursuant to Article I, Section 8, Clauses 1 and 18 of theU.S. Constitution, which provide as follows:The Congress shall have Power To lay and collect Taxes,Duties, Imposts and Excises, to pay the Debts and provide forthe common Defense and general Welfare of the United States;but all Duties, Imposts and Excises shall be uniformthroughout the United States; [. . .]--AndTo make all laws which shall be necessary and proper forcarrying into Execution the foregoing Powers, and all otherPowers vested by this Constitution in the Government of theUnited States, or in any Department or Officer thereof.Moreover, the Congress has the power to enact thislegislation pursuant to Article IV, Section 3, whichprovides, in relevant part, as follows:The Congress shall have Power to dispose of and make allneedful Rules and Regulations respecting the Territory orother Property belonging to the United States; and nothing inthis Constitution shall be so construed as to Prejudice anyClaims of the United States, or of any particular State.[Page H3845]]]> hswm00 Ways and Means Committee House Standing Referred to 2021-07-22T13:08:00Z 2021-07-22 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-07-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-07-22 Introduced in House IntroReferral 1000 9 Library of Congress G000582 Resident Commissioner González-Colón, Jenniffer [R-PR-At Large] Jenniffer Gonzalez-Colon R PR N P000610 Del. Plaskett, Stacey E. [D-VI-At Large] Stacey Plaskett D VI E. 0 2021-07-22 True Y000033 Rep. Young, Don [R-AK-At Large] DON YOUNG R AK E. 0 2021-07-28 False C001111 Rep. Crist, Charlie [D-FL-13] Charlie Crist D FL 13 2021-07-28 False S001201 Rep. Suozzi, Thomas R. [D-NY-3] Thomas Suozzi D NY R. 3 2021-07-28 False P000613 Rep. Panetta, Jimmy [D-CA-20] Jimmy Panetta D CA 20 2021-07-28 False C001103 Rep. Carter, Earl L. "Buddy" [R-GA-1] Earl Carter R GA L. "Buddy" 1 2021-07-28 False W000821 Rep. Westerman, Bruce [R-AR-4] Bruce Westerman R AR 4 2021-07-28 False K000386 Rep. Katko, John [R-NY-24] John Katko R NY 24 2021-07-28 False V000081 Rep. Velazquez, Nydia M. [D-NY-7] NYDIA VELAZQUEZ D NY M. 7 2021-07-28 False S001200 Rep. Soto, Darren [D-FL-9] Darren Soto D FL 9 2021-08-06 False W000822 Rep. Watson Coleman, Bonnie [D-NJ-12] Bonnie Watson Coleman D NJ 12 2021-08-06 False G000585 Rep. Gomez, Jimmy [D-CA-34] Jimmy Gomez D CA 34 2021-08-20 False P000034 Rep. Pallone, Frank, Jr. [D-NJ-6] FRANK PALLONE D NJ 6 2021-08-20 False M001137 Rep. Meeks, Gregory W. [D-NY-5] GREGORY MEEKS D NY W. 5 2021-08-20 False G000574 Rep. Gallego, Ruben [D-AZ-7] Ruben Gallego D AZ 7 2021-08-24 False G000551 Rep. Grijalva, Raúl M. [D-AZ-3] Raúl Grijalva D AZ M. 3 2021-08-24 False V000133 Rep. Van Drew, Jefferson [R-NJ-2] Jefferson Van Drew R NJ 2 2021-08-24 False S001156 Rep. Sánchez, Linda T. [D-CA-38] Linda Sánchez D CA T. 38 2021-09-03 False K000394 Rep. Kim, Andy [D-NJ-3] Andy Kim D NJ 3 2021-09-27 False C001080 Rep. Chu, Judy [D-CA-27] Judy Chu D CA 27 2021-09-27 False L000582 Rep. Lieu, Ted [D-CA-33] Ted Lieu D CA 33 2021-09-27 False D000600 Rep. Diaz-Balart, Mario [R-FL-25] Mario Diaz-Balart R FL 25 2021-09-27 False K000380 Rep. Kildee, Daniel T. [D-MI-5] Daniel Kildee D MI T. 5 2021-09-30 False P000096 Rep. Pascrell, Bill, Jr. [D-NJ-9] WILLIAM PASCRELL D NJ J. 9 2021-10-08 False K000382 Rep. Kuster, Ann M. [D-NH-2] Ann Kuster D NH M. 2 2021-10-08 False E000297 Rep. Espaillat, Adriano [D-NY-13] Adriano Espaillat D NY 13 2021-10-20 False H001038 Rep. Higgins, Brian [D-NY-26] Brian Higgins D NY 26 2021-10-20 False B001292 Rep. Beyer, Donald S., Jr. [D-VA-8] Donald Beyer D VA S. 8 2022-02-07 False L000557 Rep. Larson, John B. [D-CT-1] JOHN LARSON D CT B. 1 2022-06-07 False E000296 Rep. Evans, Dwight [D-PA-3] Dwight Evans D PA 3 2022-06-07 False Taxation Taxation

00 2021-07-22 Introduced in House 2021-08-24T19:29:10Z This bill repeals the limitation on the amount of distilled spirits excise tax covered over (paid) to the treasuries of the U.S. Virgin Islands and the Commonwealth of Puerto Rico.

The bill requires certain amounts of the excise tax paid to the treasury of Puerto Rico to be transferred to the Puerto Rico Conservation Trust Fund.

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To amend the Internal Revenue Code of 1986 to repeal the limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands, and for other purposes. Official Title as Introduced To amend the Internal Revenue Code of 1986 to repeal the limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands, and for other purposes. Introduced in House IH Display Title To amend the Internal Revenue Code of 1986 to repeal the limitation on the cover over of distilled spirits taxes to Puerto Rico and the Virgin Islands, and for other purposes. Introduced in House 2021-07-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr4642ih/xml/BILLS-117hr4642ih.xml 2021-07-22 Referred to the House Committee on Ways and Means. 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.