[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4374 Introduced in House (IH)]

112th CONGRESS
  2d Session
                                H. R. 4374

  To amend the Internal Revenue Code of 1986 to extend the increased 
limitation on the cover over of the tax on distilled spirits to Puerto 
                      Rico and the Virgin Islands.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 17, 2012

    Mrs. Christensen (for herself and Mr. Pierluisi) 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 extend the increased 
limitation on the cover over of the tax on distilled spirits to Puerto 
                      Rico and the Virgin Islands.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXTENSION OF INCREASED LIMITATION ON COVER OVER OF TAX ON 
              DISTILLED SPIRITS TO PUERTO RICO AND THE VIRGIN ISLANDS.

    (a) In General.--Paragraph (1) of section 7652(f) of the Internal 
Revenue Code of 1986 is amended by striking ``January 1, 2012'' and 
inserting ``January 1, 2014''.
    (b) Effective Date.--The amendments made by this section shall 
apply to distilled spirits brought into the United States after 
December 31, 2011.
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