109 HR 273 IH: To amend the Internal Revenue Code of 1986 to repeal the cap on the cover over of tax on distilled spirits to Puerto Rico and the Virgin Islands. U.S. House of Representatives 2005-01-06 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.

I 109th CONGRESS 1st Session H. R. 273 IN THE HOUSE OF REPRESENTATIVES January 6, 2005 Mrs. Christensen introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to repeal the cap on the cover over of tax on distilled spirits to Puerto Rico and the Virgin Islands.

1.

Repeal of cap on cover over of tax on distilled spirits to Puerto Rico and Virgin Islands

(a)

In general

Section 7652 of the Internal Revenue Code of 1986 (relating to limitation on cover over of tax on distilled spirits) is amended by striking subsection (f) and by redesignating subsections (g) and (h) as subsections (f) and (g), respectively. (b)

Conforming amendment

Section 7652(f) of such Code (as so redesignated) is amended by striking subsection (f) of this section in paragraph (1)(B) and inserting section 5001(a)(1). (c)

Effective date

The amendments made by this section shall take effect on January 1, 2005.